11
Window Cleaning Forum / Re: Van and tax
« Last post by Spruce on Yesterday at 11:55:21 am »If you buy a second hand van for business use, how do you claim tax back on the tax return.
Do you claim aia, or can you claim a percentage back of the purchase value.
A bit confusing but I hope someone will understand 😕
If your van is just used for work I'd put the whole cost of the van through as a business expense for that tax year...
It doesn't get any simpler than that.
What you need is to speak to an accountant about is how you show depreciation year on year. If your annual expenses are £3000 and your van costs £6000 then you could well lose out claiming that against aia.