Purchase car or van

Purchase car or van

Postby davedes on Thu Mar 18, 2010 8:48 am

Hi

Would somebody be able to advise on the allowances for purchasing a car or van for a small company that covers many different fields of work.

Company is not Vat registered and T/O about £10k no direct employees just me who takes a payment at the end of the year.

Thanks

Dave
davedes
 
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Re: Purchase car or van

Postby Budget83 on Thu Mar 18, 2010 10:10 am

will it be used for personal use?

My preference is a van as it can be counted as plant and machinery.
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Location: Bath/Bristol Area

Re: Purchase car or van

Postby davedes on Thu Mar 18, 2010 10:43 am

HI Budget83

I have 2 options I guess I could purchase a newer car and charge the company mileage although I do already receive mileage from my normal day work in my private car or purcahse a van that would then be used by the company soley. Would I then be able to offset the whole cost of the van diesel mot's spare parts and services of a van but not a car??

Is there a website that has the information on??

Thanks
Dave
davedes
 
Posts: 3
Joined: Wed Aug 06, 2008 4:02 pm


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