Hello again, @Ben1991.
I'm here to share additional information about recording Van purchases in QuickBooks Self-Employed (QBSE) and the expenses that you can claim as allowable and disallowable.
There are car, van and travel expenses that you can claim allowable expenses. These are the following:
- vehicle insurance
- repairs and servicing
- fuel
- parking
- hire charges
- vehicle licence fees
- breakdown cover
- train, bus, air and taxi fares
- hotel rooms
- meals on overnight business trips
And the expenses that you cannot claim are non-business driving or travel costs, fines, and travel between home and work.
For more information about this, see this resource: Expenses if you're self-employed.
As for recording the taxes on the van purchase, I recommend contacting your accountant. They can provide proper guidance to ensure your books are on the right track.
Here's also an article that you can read to know the SA103F deduction categories you can claim as allowable expenses: About SA103F Categories.
If there's anything else you need help with concerning QBSE, please let me know. I'm always here to help. Keep safe.
