Recent content by justinclarke

  1. J

    Small Pools Allowance

    Thanks for our replies. I was getting confused with things I read online and now realise that my "pool" would be nil if I used AIA. Thank you.
  2. J

    Self-employed Annual Investment Allowance (AIA) and Sale of Asset Question

    Thanks for your help. I was getting slightly confused with things I read online, but I now realise that my "pool" would have a nil balance if I used AIA in the previous year. I wasn't too sure about how to invoice for a sale of an asset. So I just send a normal invoice. Thank you.
  3. J

    Writing Down Allowance

    My limited knowledge (being self-employed myself and not an accounts expert) thinks that you can put the £36,000 down as an Annual Investment Allowance (AIA) in box 22 of your self-assessment tax return for 2010/2011. This will then offset against your profits and you will only be taxed on the...
  4. J

    Small Pools Allowance

    Hi, Just got an example and a question about the Small Pools Allowance. Example A: I filled in my 1st self assessment tax return last year (2009/2010) and had an Annual Investment Allowance (AIA) of £700. Question 1: I guess I would bring this forward and this would be my "main pool"...
  5. J

    Self-employed Annual Investment Allowance (AIA) and Sale of Asset Question

    Hi, I've got 2 examples and a few questions which I hope someone can answer. Any help will be much appreciated. Example A: Last tax year (2009/2010) I completed my 1st self assessment and I put an Annual Investment Allowance (AIA) of £500 (for a computer I purchased in 2009). This computer...
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