Looking to take delivery of a new in March....
Now being brand new how do I declare it's value?
1. Do I declare cash value?
2. Total PCP Value
3. deduct -20% of cash value as an instant depreciation.
What do you guys do? I don't want to declare it for £x only to be told that a month later (should anything happen) it is worth £z.
Now being brand new how do I declare it's value?
1. Do I declare cash value?
2. Total PCP Value
3. deduct -20% of cash value as an instant depreciation.
What do you guys do? I don't want to declare it for £x only to be told that a month later (should anything happen) it is worth £z.