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Posted Fri, 15 Mar 2024 14:28:54 GMT by Catherine Knight
Hi, If I claim Annual Investment Allowance for a laptop bought to use in my employment and then later leave that employment, will I then have to declare a balancing charge for the market value of the laptop in box 16 of the employment pages (expense payments received and balancing charges)? Even though this will not appear on a P11d from my employer? Thanks
Posted Thu, 21 Mar 2024 11:46:00 GMT by HMRC Admin 25
Hi Catherine Knight,
Yes, as the full relief is now no longer due.
Thank you. 

 

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