A photographer incorporated and has brought in £8k of capital items that was the Capital Allowances WDV on his sole trade, and deemed to be the value of the pool at the point of incorporation. Can 100% be taken in the first year?
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No
You can't get AIA on a transaction with a connected person. The company and the individual are connected persons.
You can still get WDAs though.
Photographers are, however, an interesting bunch. You'd be surprised as to what they buy and then claim is a prop for a photoshoot. Not that I'm suggesting anything of course.