Capital allowance

bumblebee Registered Posts: 135 🎆 🐘 🎆
Hi everyone, can CA's be claimed for part of the year on private motor vehicle? Vehicle introduced in the first year, and disposed in the same year. Thanks in advance.


  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    Would there really be any benefit to this?
  • bumblebee
    bumblebee Registered Posts: 135 🎆 🐘 🎆
    Yes. I have got the solution to this, brain must have gone numb again!

    Show additions
    less: disposal value

    = balancing allowance/ balancing charge.
  • deanshepherd
    deanshepherd Registered Posts: 1,809
    Just don't be too greedy on the market value introduced. Otherwise HMRC will question why the value has dropped significantly within the same year.
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