Originally posted by dardasim
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Longer answer - it will immediately fail the "wholly and exclusively for business" test. YourCo is not a magic money pit, it is separate from you in all aspects, which explains a lot about what you can and can't claim. That includes its assets: YourCo can obviously own the vehicle and convert it, but you personally will get taxed every time you use it. And, of course, you would have to sell it the van at a commercial valuation.
As an aside, you will also have to ensure it is re-classified as a motorhome with DVLA rather than as a van, for various reasons (not least speed limits...). That may not be as simple as you may think.
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