Leasing a car

[LucidDementia]

If you've ordered a GT you're already an SME.

[diseasex]

If you've ordered a GT you're already an SME.

ME

[AtW]

Did you go for the optional extra "indicators" - very few Audi drivers seem to.

FTFY

[TykeMerc]

Haha no, i'll watch bmw tutorial "how to be an ass on the road"

You've nothing to learn, you're already under the impression that a badge has some equity and your posts are all illiterate bollocks so if you drive with that quality then you're set as a BMW owner (or utter cockwomble as a realistic alternative).

I do hope your badge and your debt make you immensely pleased with your life.

[SueEllen]

Haha no, i'll watch bmw tutorial "how to be an ass on the road"

The best trick I've found is to let a BMW driver out in traffic when they can't push in.

They always look like they are going to pass out with the shock....

[diseasex]

The best trick I've found is to let a BMW driver out in traffic when they can't push in.

They always look like they are going to pass out with the shock....

[TheLordDave]

Thats what my accountant said when asked if it's possible to avoid BIK on leased car on company name:

Hi Tomasz,

You could put it in the company name and put all the costs associated as drawings. What we would then need is a legitimate and logged mileage claim to clear the overall cost.

Example

Cost in the year £250*12 =£3000

Miles needed to clear the cost £3000/.45 = 6,666.66 miles in the year.

If there was a shortfall in miles done for the year then this would be a drawing to you in dividends.

All petrol and running costs would be drawings also as you cannot claim petrol and running costs against a personal car, only mileage.

Hope this helps

Kind regards

I find it hard to understand.

So if I am reading that right, you can pick up a business lease but account for it as mileage for a personal car?

That seems dodgy.

[diseasex]

So if I am reading that right, you can pick up a business lease but account for it as mileage for a personal car?

That seems dodgy.

I think he says to consider lease payments as drawings. The mileage is only for tax efficiency