Capital Allowance on computer gear - Contractor UK Bulletin Board

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Nixon Williams replied

16 January 2007, 16:01
The whole cost is paid by the company and the your company claims the allowances oni its tax return (CT600) - if you have an accountant they will do this.

Alan
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IanIan started a topic Capital Allowance on computer gear

16 January 2007, 15:53
Capital Allowance on computer gear

Hi,

I bought a computer, a bag and a battery during 05/06. Total approx. £1500.

So I say my work use is 50% which gives £750. And then I take 40% of that as the allowance which gives £300.

Is that all there is to it?

Cheers, Ian.
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