when to account for this

Car Purchase

Didn't find your answer?

client year end is 31 March

car was ordered in february and deposit paid of £1k

balance paid in April - £35k

when can we claim capital allowances

Replies (6)

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By johngroganjga
25th May 2017 13:11

From the day when it was first brought into use by the company.

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Replying to johngroganjga:
By Ruddles
25th May 2017 14:12

I doubt very much that that is the correct answer (although it could be)

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By User deleted
25th May 2017 14:34

The standard reply here should be ; The Aweb drop-in centre would suggest that, if you're not an accountant, you should seek the services of an accountant, or tax adviser.

If you are an accountant ..........................

I'm amazed at the in depth detail included in the enquiries in recent months. They really are fully formed.

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By Duggimon
25th May 2017 16:00

Tomorrow, claim them all tomorrow in time for the holiday weekend, that's what I'd do.

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boxfile
By spilly
26th May 2017 06:59

Surely there was a purchase invoice of some sort? With a date on?

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Replying to spilly:
By Ruddles
26th May 2017 08:41

What makes you think that a purchase invoice would help? (It might do, it might not)

As usual, the OP has omitted at least one vital piece of information.

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