Self employed wanting a new pickup truck

[Engineerjay]

Hi Iam wishing to purchase a pickup truck for work purposes. I don't Have the funds the pay for it out right. Would it be wiser to lease or to buy on finance. Iam covering about 20,000 miles per year . Can I claim the full amount back like a van ?

[pawncob]

I'd opt for finance, but without detailed info. it's a toss up.
Yes you can claim full capital allowances, if it's the right sort of pickup.

http://www.taxationweb.co.uk/forum/post ... ps#p155799