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Sat Nav paid by Ltd

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    Sat Nav paid by Ltd

    I was thinking of purchasing sat nav and claiming thr total cost of it as a business expense (I travel around the country occasionally for work). Is there anything I need to be aware of if I do this?

    #2
    if you it at all for personal use ever, you will have to pay BIK tax for it.

    In general, if you travel 'occasionally' it is hard to justify it as a business expense.

    Comment


      #3
      i got a sat nav when they first came out and was a stupid price of £499. I put it through company and everything went like a dream. I did honestly need it for business use as i was doing a hell of a lot of driving to other client sites that i had never been to.

      Now i don't use it....
      Thats the way the cookie crumbles

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        #4
        There is another thread somewhere about this - if you pay for it out of company accounts, then does it need to be exclusively for the business?

        Have a search - I can't remember what the conclusion was.
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        Comment


          #5
          Originally posted by TheFaQQer View Post
          There is another thread somewhere about this - if you pay for it out of company accounts, then does it need to be exclusively for the business?

          Have a search - I can't remember what the conclusion was.
          thanks

          found it here
          http://forums.contractoruk.com/accou...ght=navigation

          Comment


            #6
            i bought a satnav for my car and claimed a % of it through the company as an expense because:

            It helps me find sites (im a highways engineers) and do alot of work on the roads.
            Keep it clean!!!

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