I have come across a scenario of which I haven't encountered before and wondered if anyone could offer me some advice?
I took on a self assessment client late last year who had been with his previous accountant for 20ish years. The accountant apparently has always been reliable and responsive but my client has been unable to contact him so he contacted me to submit his tax retrun for him. He has emailed, called and visited the accountants premises many times and had no luck. I have tried calling and emailing the previous accountant and sent a clearnace letter and had no response. Our conclusion is perhaps he's died or been taken ill and had no continuity of practice in place.
Anyhow, my question is, what is the best practice procedure to calculate capital allowances when you have no history of what has been claimed previously? The client has a vehicle used in his business, some plant and machinery and owns the building he uses as a shop. On his previous tax return the figure in box 25 'other capital allowances' is £458 so not a massive figure but still high enough that I would like to come to a resolution of how to calculate what's due.
Does anyone have any experience of this or have any advice please?