Private Car Purchase

[aoxomoxoa]

You'd want to do that inverted commas thing with your fingers before 'fell down the stairs'.

Or to be strictly accurate, you'd only need the inverted commas around 'fell'

[BolshieBastard]

Or to be strictly accurate, you'd only need the inverted commas around 'fell'

They're actually quotation marks but, I think we're all singing from the same hymesheet no matter whether they or commas appear!

[CoblersClob]

I'm currently clocking up 400 miles a week

As others have said, at 400 miles per weel the most tax effecient way to manage this is to buy it yourself and charge AMAPs @ 45p/mile. Remember if you are VAT registered you can also get the 2-3p extra of VAT on those miles (varies dependant on engine type and size).

Finally if you haven't yet worked out that You and YourCo are two completely separate things, each with their own money and tax liabilities, you're probably doing other things wrong...

This is unfair - there was nothing whatsoever in the original post to suggest the poster was making this assumption.

[northernladuk]

This is unfair - there was nothing whatsoever in the original post to suggest the poster was making this assumption.

Erm, buying his personal car through his company? I think Mal's point stands...

[Contreras]

Erm, buying his personal car through his company? I think Mal's point stands...

Ahem...

I have searched the forums but couldn't find anything on purchasing a vehicle for business use.

You know the OP was probably just a sockie.

And Mal was probably just being, erm... himself.

[SimonMac]

This is unfair - there was nothing whatsoever in the original post to suggest the poster was making this assumption.

What about the thread titile

[northernladuk]

Ahem...

Double ahem

I'm currently clocking up 400 miles a week and my 10 yr old car has 180,000 miles on it

My would indicate his, not company....

You know the OP was probably just a sockie.

And Mal was probably just being, erm... himself.

This ... lol