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March 24, 2021
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What category does Capital Allowance - writing down allowance go under?

  • March 24, 2021
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Best answer by EmmaM

Hello Neil, the Self -Employed product enables you to account for your allowable and disallowable expenses, this is a partial template and accounts  boxes 17 - 46, of the self assessment form. Capital allowances are accounted for in the actual self assessment form boxes 49 - 59. SO you can enter them manually on the Self Assessment form at Hmrc when it comes to filing the Self Assessment.

1 reply

EmmaMAnswer
March 24, 2021

Hello Neil, the Self -Employed product enables you to account for your allowable and disallowable expenses, this is a partial template and accounts  boxes 17 - 46, of the self assessment form. Capital allowances are accounted for in the actual self assessment form boxes 49 - 59. SO you can enter them manually on the Self Assessment form at Hmrc when it comes to filing the Self Assessment.

January 7, 2022

I'm trying out quick books and come across this issue too if I can't separate my capital expenditure from the rest of my allowable expenses quick books is effectively defunct as far as I'm concerned