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USC Taxi Query

mgbgt1978 · 2019-08-29 15:00:52

Hi all, can anybody confirm if the Capital Allowance on a Taxi (40% depreciation per annum) is deducted prior to calculating one's USC figure. I have just received my Notice of Assessment for 2018 and the USC Calculation does include the Depreciation figure. I am almost certain it was not included in previous years. But my…

29-08-2019 3:00pm

#1

mgbgt1978

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Hi all, can anybody confirm if the Capital Allowance on a Taxi (40% depreciation per annum) is deducted prior to calculating one's USC figure. I have just received my Notice of Assessment for 2018 and the USC Calculation does include the Depreciation figure.
I am almost certain it was not included in previous years. But my Financial Controller (and wife) is away for a couple of days and has all the previous years stuff filed away.....somewhere .
Thanks.

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