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Post Info TOPIC: depreciation on a self employed person's van
lor


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depreciation on a self employed person's van
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Hi All,

Just a quick question re above, it is for my self employed client who owns a van which is a 2008 plate, and wondered how many years to spread the depreciation over and would straight line be the most appropriate??

Thank you in advance for all your help!!!

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RobH


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I always put on 25% reducing balance but whether thats the best reflection in teh accounts I don't know, I'm more concerned about the capital allowances!

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Rob
www.accounts-solutions.com
littlebookkeeper


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I would agree with Rob. When working for Chartered Accountants in practice, 25% reducing balance was usually the rate we used in the accounts.

Carole


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lor


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thank you both for your answers!

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