Advice on Self Employed, Buying A New(er) Car for Mrs - Pool Car Maybe ??

[noggythenog]

[quote author=Oldgit link=topic=18672.msg215326#msg215326 date=1446913854]
your best leasing a "company" car from one of the dealers, then you can claim VAT back on your fuel plus your accountant can claim the car lease money back on your company accounts each year.
Been there, done it, wore the T shirt.

Exactly the info I was after - cheers for that :thumbup  Am also VAT registered so any fuel receipt will count.


Cheers again fellas for the advice.
[/quote]




Is there a maximum you can claim back each year????.......only coz my company, the managers get an 8k per year company car allowance & knowing them they wouldnt have just plucked that figure outta the air............basically they then take out a 3 year deal with a garage say over 3 years so that they can in effect end up owning a car originally costing (3x8) 24 grand........worth looking into the niggly bits like that