Capital Allowances

[Fotoboat]

Hi - I have just wound up a limited company I was using to conduct mainly consultancy work, but also some photographic services. I now do the photography as a sole trader. I bought my camera stuff from the limited company at its book value. I believe I can claim a percentage of the cost against tax as a capital allowance on my sole trader tax return, but as the equipment was not new, I guess it doesn't count for the first year rate of 50% but only the subsequent year rate of 20%. It would be good to hear from anyone with experience of this situation - or similar.