CKC
-
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.