campi82
-
Food Delivery - stolen vehicle
In October 2023 I started job as a food delivery driver. I done my CBT and bought an electric moped. This month the moped was stolen. Do I put it as a capital loss? I bought it for £3000, and I was planning to claim it as a capital allowance and deduct the value from my profit. What happens when the vehicle got stolen? And second part of my question is; I bought an e bike so I could do some deliveries on the bike before I can afford to buy a new scooter. Can I claim flat rate expense on my e bike, but still claim actual expenses cost on my e moped that got stolen? Or once I've started using the actual cost method for my moped, do I need to continue using it for the bike as well?