Self-assessment advice please...

I want to submit my 18-19 tax return to get it out of the way but I am stuck over one thing. If any Wrather can help I will be hugely grateful - thanks.

In January I bought an electric car to reduce my business expenses as I travel a lot for my work. I use it about 75-80% for business miles and the rest for personal use. Am I right in thinking that I can claim the car purchase as a capital expense and, if so, that in the first year of its purchase I can claim for all of the outlay? I have read a lot about it but the more I read the more confused I become!

Thanks in advance :)

Posted By: canarybirdie, Apr 23, 16:34:08

Follow Ups

Reply to Message

Log in


Written & Designed By Ben Graves 1999-2024