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smithy
28th January 2010, 09:15
i paid my first tax return bill last month after my accountant done it for me.as i'm just new to the self employment world (14 months in business now) will a get a tax rebate because i bought a van,tool etc to start my business (capital investment) up or is all that taken into account when my accountant did my tax return? i know i should ask my accountant but just thought i would ask here first.

Jenni384
28th January 2010, 09:20
It all depends what your accountant said your tax bill was!

If you just paid some money then no, you owed tax and didn't get a refund.

You will have paid less tax than had you not bought the van etc.

This is about all I can guess based on very limited information.

elainec100@cheapaccounting
28th January 2010, 09:58
Sorry impossible to tell - your accountant should have provided you with your accounts, a copy of the SA and the tax calc plus explained it all to you.

We haven't got any figures - so cannot possibly tell what was on the return