Sole trader car loans, asset right-off, business losses vs depreciation

Hi noidea65,

I see you have some questions about managing your sole trader's UTE purchases. Since we're not accountants, we can't give specific financial advice. It's best to consult with an accountant for that. However, I can share some articles that might be helpful:

• Depreciation and accounting: a complete guide for small businesses
• Sole traders and tac: What you need to know
• Loans and repayments
• Adding and finding journal entries

Hopefully, someone from the community can assist you further soon!

Feel free to get in touch if there's anything else I can assist you with.

Cheers,

Princess