Taxation

« **on:** January 25, 2011, 08:58:37 pm »

There is a topic on another forum about capital allowance tax, I know that if you claim for the cost of your van it goes down as a capital allowance, but what about you ego equipment, your system ect? I thought this just went down as an expence, not a capital allowance, some of the guys on the other forum are putting it down as a capital allowance.

Does anyone know?

« **Reply #1 on:** January 25, 2011, 09:05:19 pm »

Not a clue here i pay an accountant so i dont have the headache £250 worth her weight in gold

« **Reply #2 on:** January 26, 2011, 12:07:12 pm »

anything that lasts over a year is capital expenses

Lee GLS

Taxation

steve freeman

Re: Taxation

dave0123

Re: Taxation