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Posted Fri, 09 Feb 2024 15:54:12 GMT by Gill Drinkald
Hi, I purchased a van for £15k in Aug 2023 as a sole trader NOT using simplified expenses while waiting for decision on a grant application we had made to our local council due to the introduction of a Clean Air Zone. We received the grant £4k (approx) - how do I account for it and over how many years is it an asset? Please don't send me a heap of links I can't understand. I just want to know I am recording this correctly in the accounts. Sole Trader so have no accountant. Thank you
Posted Wed, 14 Feb 2024 10:26:17 GMT by HMRC Admin 25
Hi Gill Drinkald,
This forum is for guidance only and it will be links that we would send.
To have this asnwered specifically to your requirements, please telephone 0300 200 3310.
Thank you. 


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