As of my last knowledge update in September 2021, I can provide you with general information about claiming expenses for your van as a self-employed individual. However, please note that tax laws and regulations can vary by location and may change over time. It’s important to consult with a tax professional or accountant who is familiar with the tax laws in your jurisdiction and can provide you with accurate and up-to-date advice tailored to your specific situation.

In general, self-employed individuals may be able to claim certain expenses related to their van as business expenses, which can help reduce their taxable income. These expenses can include:

Fuel and Maintenance: You can typically claim a portion of the expenses related to fuel, oil changes, repairs, and maintenance that are directly attributable to business use. Keep detailed records and receipts to support your claims.

Depreciation: Depreciation is the reduction in value of your van over time due to wear and tear. You may be able to claim a portion of the depreciation as a business expense, particularly for the portion of the van’s use that is dedicated to your business.

Interest on Financing: If you financed the purchase of your van through a loan, you might be able to claim the interest paid on that loan as a business expense.

Insurance: Premiums for commercial auto insurance that covers your van for business use can often be claimed as a business expense.

License and Registration Fees: Fees associated with registering and licensing your van for business use might also be deductible.

Leasing Costs: If you lease your van, you might be able to claim a portion of the leasing costs as a business expense.

Tolls and Parking Fees: Expenses for tolls and parking related to business activities can often be claimed.

Modifications and Customizations: Expenses for modifications or customizations that are directly related to your business use, such as adding shelving or other equipment, may be deductible.

It’s important to note that the extent to which you can claim these expenses and the specific documentation required can vary depending on your local tax laws. Additionally, you may need to differentiate between personal use and business use when claiming expenses, so keeping accurate records of your van’s mileage and usage is crucial.

To get the most accurate and current information regarding claiming expenses for your van as a self-employed individual, consult with a qualified tax professional or accountant who can guide you through the specific regulations and requirements in your area. They can help you maximize your deductions while ensuring compliance with tax laws.