Capital Allowance

Hi,

Just wondering if there is a section in the quickfile set up that allows you to put any vehicles used in the business as a capital allowance so the tax report would show this

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It can be added as an asset. But capital allowances are adjustments to tax calculations on either a ct600 or sa100 tax return. They wouldn’t be shown on the tax report as standard. There may be some sort of hack to get it to show but I’ve never felt tge need to try it and even then it would prob only show a reduction in liability and not the actual values brought or carried foward

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