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

Thank you

Is Plusvalia tax an allowable cost of sale for UK Capital Gains? If not, is it allowable as a tax credit under DTR? (The Spanish accountant has deducted it as a cost of sale in Spain, although obviously the same treatment may not apply in the UK) Thanks