Kendo65

Hello, I am lead to believe that as a sole trader I can make drawings, these drawings are not recorded in expenses for the purpose of a sole trader and self assessment, I keep a digital record of all of my drawings, these drawings are for personal use and not connected to the business. Are these drawings to be recorded anywhere in the self assessment process. Thanks in advance.

Hi, I have a question regarding simplified tax. The annual investment allowance for driving school vehicles, can this claim be made in the self assessment simplified tax section as a detailed breakdown. Or would I have to use traditional accounting rules. Thanks in advance. Ken.