Capital allowances – Private use

This topic has 2 replies, 2 voices, and was last updated 13 years ago by atab.

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
June 1, 2013 at 5:00 pm #128127
atab
Member
- Topics: 82
- Replies: 184
Hi,

Regarding private use of motor cars with respect to capital allowances, is the % of private use only deducted from allowances for individuals or for both individuals and companies please?

Thanks!
June 1, 2013 at 6:34 pm #128141
Tax Tutor
Member
- Topics: 2
- Replies: 3960
Capital allowances are ONLY restricted for private use by the PROPRIETOR (owner) of an unincorporated trade!
June 2, 2013 at 10:15 am #128218
atab
Member
- Topics: 82
- Replies: 184
Thank you!
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.