Business Tax: Claim 100% FYA for Electric cars 2021 onwards

Article ID

business-tax-claim-100-fya-for-electric-cars-2021-onwards

Article Name

Created Date

16th May 2022

Product

Problem

IRIS Business Tax: How to claim 100% FYA for Electric cars 2021 onwards

Resolution

If you enter a purchase date of 01/04/2021 onwards – the 100% FYA Including low emission cars box will be greyed out.

Edit | Capital Allowances | A – Maintain – enter in the car asset and tick Motor car rules do not apply | OK and close | C – Maintain – please adjust figures in here accordingly for the 100% FYA claim

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