tdlawyer : Hello, thanks for your question. My name is Tony, I should be able to assist.
tdlawyer : Generally, yes, you should be able to do this if you need to van wholly and necessarily for the business.
JACUSTOMER-7w23dh9q- : What does it come under or what if i want to expand with another van
tdlawyer : What do you mean, what does it come under? It's an expense of the business, which is wholly and necessarily incurred for the purposed of the business.
JACUSTOMER-7w23dh9q- : When i complete my tax return what do i put £7000 for the van as a cost on my self assessment form.
tdlawyer : Are you a sole trader?
JACUSTOMER-7w23dh9q- : yes
tdlawyer : Then yes, you would need to include it in your self-assessment form.
JACUSTOMER-7w23dh9q- : I know that but what under on expensesw
tdlawyer : Yes, it's an expense of your business, you see.
JACUSTOMER-7w23dh9q- : Capital Expenditure
tdlawyer : Yes.