AIA on sale of VAN

A client bought a van for £4000 in the last tax year which full 100% AIA was claimed on. He has now sold it for £2000 and bought another van for £10000. Is the £10000 available to claim in full at 100% AIA and the balance charge of £2000 added back to profits?

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Not included in P&L accounts

puzzel |
puzzel's picture

New Van addition qualifies

Exector |

Be careful

Paula Sparrow |
Paula Sparrow's picture

.

blok |
blok's picture

Yes

Paula Sparrow |
Paula Sparrow's picture

.

blok |
blok's picture