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TonyTax
TonyTax, Tax Consultant
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I work small start-up company and was a founding

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Hi - I work for a small start-up company and was a founding member. I currently hold an executive level appointment (Chief Technology Officer). Last tax year I purchased an iMac computer for home which is used 80% for work. It is essential that I have a computer at home to write project proposals for external clients. Is this tax deductible in my self assessment?
Submitted: 1 year ago.
Category: Tax
Customer: replied 1 year ago.
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Expert:  TonyTax replied 1 year ago.
Hi.
Look at the notes here:
http://www.hmrc.gov.uk/manuals/eimanual/eim36500.htm
In particular, you can claim an Annual Investment Allowance of 100% of the cost of the item less any private use. See EIM36605 here:
http://www.hmrc.gov.uk/manuals/eimanual/EIM36605.htm
I hope this helps but let me know if you have any further questions.
Expert:  TonyTax replied 1 year ago.
Put the capital allowance claim in box 20 here:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/419579/sa102-2015.pdf
and refer to it in a note in box 19 of page TR7 of the core SA100 tax return here:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/438649/sa100.pdf
Customer: replied 1 year ago.
Thanks!
Expert:  TonyTax replied 1 year ago.
Thanks. Would you mind rating my answer before you leave the site please.
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