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KB Home / Tax Return Production / SA100 Individual Return / How do I remove capital allowances if I'm now using the Cash Basis...

How do I remove capital allowances if I'm now using the Cash Basis Scheme?

Article ID: 2325
Last updated: 04 Apr, 2023

If you’re using the cash basis scheme, capital allowances will be accounted for within your expenses. You can delete entries from the capital allowances wizard in either SimpleStep or HMRC Forms mode.

SimpleStep mode

  1. Go to Self Employment > Short/Full Form – Details > Capital Allowances > CA – Asset Manager.
  2. Click on Delete next to each asset you want to delete (except cars, if applicable).

HMRC Forms mode

  1. For the short form, go to Self Employment > Page 2 > Capital Allowances.
  2. For the full form, go to Self Employment > Page 3 > Capital Allowances.
  3. Click on Delete next to each amount you want to delete.

Article ID: 2325
Last updated: 04 Apr, 2023
Revision: 7
Views: 649
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