Firstly apologies for having a dim moment. My query is in relation to sole trader accounts. Normally I deal with a higher lever. My husband went self employed last year and bought a van on hp for £10,000. I understand he can claim AIA. But, I can’t get my head round what to do with it. Does the whole amount come off his profit? If so, do I then claim expenses for interest charged on the hp? As I counted the whole amount I do not depreciate? His net profit is currently £22,000, so would this come down to £12,000. I am so sure there is a simple way to this, but I keep overthinking it and stalling in getting it sorted. I would be grateful of any advice. Thanks in advance.