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capital allowance and tier1 earnings

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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vinividivici
Newly Registered
Posts: 16
Joined: Tue Jan 17, 2012 7:08 pm

capital allowance and tier1 earnings

Post by vinividivici » Sun Jan 22, 2012 5:21 pm

lets say i use my laptop cost in expense/allowance then will it affect my tier1 extension

Actually i applied for t1 in february based on my net profit of £2620 from dec 2011- feb 2011. the accountant provided my net profits upto feb 2011. after that i bought a netbook of £147 for business in 2nd march 2011 and now planning to include it in Self Assessment.

can you tell me where to put that £147 pounds in - is it in expenses as well as AIA or just AIA ?

AccountantMatthew
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Posts: 301
Joined: Mon Jul 04, 2011 5:20 pm
Location: London Town

Post by AccountantMatthew » Mon Jan 23, 2012 8:04 am

Please don't private message me or e-mail me for free personal advice - you are just wasting your time writing something that won't get answered.
Anything written here shouldn't be construed as being formal advice given in a professional capacity.

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