Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Sun, 12 Nov 2023 21:53:13 GMT by
I assess, test drive and move vehicles (self employed, casual, part-time). Work availability varies but could be increased by having trade plates. Would the annual cost of purchasing trade plates be an allowable expense? If I didn't get any extra jobs by having the plates could I still claim the expense as a loss?
Posted Wed, 15 Nov 2023 14:16:11 GMT by HMRC Admin 5 Response
Hi

The purchase of trade plates can be claimed as a business expense, as a vehicle licence fee.  
Have a look at Expenses if you're self-employed and Trade licence plates.

Thank you
Posted Wed, 15 Nov 2023 15:46:25 GMT by
Thank you for your clear reply in line one.

You must be signed in to post in this forum.