[jim bean]

Hi, just wondered if you were self employed and went and bought a complete Wfp system would you be able to claim the money back as for the business?

[Silver Surfer]

yeah....expenses

[Wc Solutions]

prob the most daft question so far this year!!!!!!

[Silver Surfer]

prob the most daft question so far this year!!!!!!

not if you don't know the anwser

[Roy Harding]

Some of it would be classed as a capital item. So you would get a % every year.

Roy

[g.brookes]

as long as you dont use it for fun on the weekends you can claim the full amount

[londoncleaners]

Hi mate, some right monkeys n here, take no notice.
If you need help with a tax issue I will help you

You can claim it back, and the whole amount, it's classed as a capital allowance. Pending you wash widows with the system for more than 90 percent of your round.

Same for a van if you use it for wholly a business venture and not a single mile personal.

A capital is something you must or advised by health and safety that you use for your business in order to make money. If you go down the road of multiple machines or vans ect, you will normally get a reduced rate of 25percent per year off your final tax bill.

A work shirt for instance is not, as you could clean them naked. But highly unlike
Y

Hope that helps my friend

[Roy Harding]

A work shirt for instance is not, as you could clean them naked. But highly unlike
Y

Hope that helps my friend

Work ware is tax deductible safety foot ware as well.

Roy

[Ronnie Bryce]

You can't claim anything back. You will not receive dosh from the Inland Revenue at some point. The cost of equipment is only offset against any income tax you may have to pay. You will pay less tax the more you buy for your business mate.

[jim bean]

You can't claim anything back. You will not receive dosh from the Inland Revenue at some point. The cost of equipment is only offset against any income tax you may have to pay. You will pay less tax the more you buy for your business mate.

That's the one i was looking for cheers mate, my income is only just above the taxable amount I believe I was under the impression I'd get the money back for some reason lol!
Cheers

[AS Window Cleaning]

if you haven't started trading, I've been told can't claim for things. once your working its different. don't know if that's true, but my wife did nail technician course, and inland revenue said couldn't claim as hadn't started trading at that stage.....

[jim bean]

I have been working for around a year now, my 2010-2011 tax form is now late and I'm due to pay a £100 fine :/ even though I only earned about £300 that tax year ! Somehow I thought my thinking must be wrong as everyone would be buyin things and asking for the money back lmao!

[londoncleaners]

Yes work wear is taxable, not a capital I meant to say

[Helen]

I have been working for around a year now, my 2010-2011 tax form is now late and I'm due to pay a £100 fine :/ even though I only earned about £300 that tax year ! Somehow I thought my thinking must be wrong as everyone would be buyin things and asking for the money back lmao!

Suggest you go on a HMRC course to learn how to do your books and what you can claim for, or get an accountant.....yes their fees can count as a business overhead.
You have until midnight tomorrow evening to file your tax return on line and pay what ever you owe.

[jim bean]

Yes I know, I've lost my user id and password so they gonna have to send me it by post which takes 7 days so I'm gonna have to pay it anyways!
Thanks anyhow 

[CLEANCARE WC]

Some of it would be classed as a capital item. So you would get a % every year.

Roy

you can write off up to £2k (i think)a year straight away  its called annual investment allowance

[Sean Dyer]

Some of it would be classed as a capital item. So you would get a % every year.

Roy

you can write off up to £2k (i think)a year straight away  its called annual investment allowance

 

[CLEANCARE WC]

sean im just unsure what the limit is but you can definately write off a certain amount 2k i think as "aia" thats for big items,vans or plant and machinery etc

[Sean Dyer]

sean im just unsure what the limit is but you can definately write off a certain amount 2k i think as "aia" thats for big items,vans or plant and machinery etc

Sorry

I didnt realise you meant on something you had spent on

I thought you were saying you could just claim it no matter what

I was having a blonde moment