You’re offline. This is a read only version of the page.
I became self employed in 2017 and had a car I had purchased outright beforehand, so I claimed 45p per mile.
My car was written off in an accident in Dec 2021 and I bought a second hand car in February 2022 for £4000 which I use roughly 80% for work purposes.
I bought this car as a temporary measure whilst waiting for a lease car, which I will get at the end of July 2022 at which point I will sell the 2nd hand car.
I wish to claim the actual expenses for the second hand car and then the new lease car.
How much can I claim of the purchase of the 2nd hand car in the tax year 2021/22?
How do I reconcile the sale of the 2nd hand car in the tax year 2022/23?