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Post Info TOPIC: Sole trader buying a cheap car through business
Blonde Accountant


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Sole trader buying a cheap car through business
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Hello,I have a client who wants to buy a cheap (£4-£5k) through his business. He will use it at least 50% for business. Can anyone kindly confirm the best course of action please?

At the moment he claims business mileage at .45mmp. However with he can't claim cap allowances, so would it be better once the car is changed, to claim 50% of petol, repairs etc and cap allowances?

Please advise, thanks in advance

 

 



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Nicola
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