Capital Allowances

Posted by sheffieldaccountant PM | on Thu, 24/11/2011 - 10:30 1208 4 comments | report

My client has made a very small profit for the year..£5900 ish. He bought an IPAD which i have added back in the accounts and capitalised. I dont want to claim 100% of it in this tax year as I dont need it. Can I claim say 20% this year (enough to avoid class 4) and carry the rest forward? he has no other assets.

Thanks in advance

Comments

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yes

memyself-eye | Thu, 24/11/2011 - 11:21

It was £729! Quite exp I

sheffieldaccountant | Thu, 24/11/2011 - 11:42

Boys toys..

memyself-eye | Thu, 24/11/2011 - 11:55

Just claim 20% WDA, you don't

barriecoxon | Thu, 24/11/2011 - 13:27