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  • RE: Expense for self-employed

    Is there an official requirement on obtain the value for the vehicle, or I could use online valuation tools to do that? Thanks.
  • Expense for self-employed

    I purchased my car in 2022. I began my driving instructing job in 2025, and I decided to change my car into a dual-controlled car to use in my business. I understand that if purchasing a dual-controlled car for business use, the full expense can be claimed under Annual Investment Allowance. But since the car I used in business is purchased in previous year, are there any adjustment I could claim for the car? Thanks.