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Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
This is a Capital Allowance item. In the year in which you acquired the van you would be entitled to an Annual Investment Allowance (AIA) of the full price of the van. Unfortunately your question is silent as the the overall cost of the van. On sale there would be a Balancing Charge of 10K. Buying a new van for 17K would generate an AIA of 17K to offset tax in the year of purchase. You would declare both the purchase and the sale on the SA103.
I do hope that you have found my reply of assistance.
VAT Threshold is 83K turnover in any one year. There is no small business threshold, it is the same for everyone.
You have been incorrectly claiming for the van outside the Capital Allowance system. You have a gret deal of unscrambling to do to correct prior year incorrect returns.
I have received no offer of a phone call so the charge for that will not kick in unless I receive and accept it.
It is unfortunate that you received such ill advised advice in the past. There will my a great deal of un-scrambling to be done to put this matter right.
Should a telephone call be accepted it would be an additional GBP 44 charge.
I personally cannot accept your telephone request as I am temporarily operating from a time zone 7 hours ahead of the UK.