I've c;aimed it as a sole trader

-----Original Message-----
From: Paul Johnston [mailto:[EMAIL PROTECTED]
Sent: 21 March 2003 09:15
To: [EMAIL PROTECTED]
Subject: RE: [ cf-dev ] OT: tax rebate for IT purchases?


Info from my accountant (he sent it out to all his contractors):

"Just a quick note to remind you that most of your companies can claim a
100% first year allowances (ie full tax write off in one hit) on any
hardware bought up to 31.3.03

Since the Budget this year isn't until 9th April, we won't know if this rule
is going to change until after the start of the new tax year so if you're
planning to upgrade your PC anyway then you might want to do it before the
end of this month.  Don't forget that as long as the invoice is dated no
later than 31.3, it doesn't matter if you actually pay for the kit later."

Don't know what "most companies" means, but... Worth talking to someone who
knows (ie Inland Revenue are actually quite good at this stuff).

Paul



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