single asset pool or main pool??
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meibaker
Registered Posts: 481 Dedicated contributor 🦉
hi, i am bit confused on this question.
a sole trader who bought a car for £16,000 on 1/1/2010, has emissions of 144g/km, the car is used 80% business. and i need to work out the capital allowance!
i put down the car in the main pool as its bought on 1/1/2010, but my answer put the car under single asset pool. please someone explain why
thanks
a sole trader who bought a car for £16,000 on 1/1/2010, has emissions of 144g/km, the car is used 80% business. and i need to work out the capital allowance!
i put down the car in the main pool as its bought on 1/1/2010, but my answer put the car under single asset pool. please someone explain why
thanks
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Comments
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When a car has private use for a sole trader it goes into a single asset pool0
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thanks for ur help!0
