my partner purchased a new van a week ago and I'm not 100% confident on how to add it as an expense. It was £30k .. old van previously claimed as full expense was traded in for £9k. We paid £9k of our own money as a deposit and the rest is spread across 4yrs on 0%.
So what do I claim for. Obviously not the trade in amount.
do I claim the money we paid as a deposit and also any monthly payments to the end of this tax return and then claim the rest of the payments yearly?
I use quick books so the only payments showing will be these, is this correct?