Share this content
0

caravan - capital loss

Didn't find your answer?

A Client has sold a static caravan - capital allowances were never claimed (it didnt meet letting rules and was on a residential site)

The caravan was let to the public and had an element of private use, its been sold for a loss - question is can the loss be put on the tax return as a capital loss?

It was sold for £13000 and being a caravan i would estimate the useful life to be less than 50 years.

thanks for any input - 

Jonathan 

 

 

 

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.

Share this content

Related posts