Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Mr.G on June 17, 2009, 10:25:44 pm

Title: Buying a car
Post by: Mr.G on June 17, 2009, 10:25:44 pm

anyone know the tax allowance position on buying a secondhand car, used for work plus privately?

Title: Re: Buying a car
Post by: Justen Uff on June 17, 2009, 10:40:34 pm

you can claim 40p a mile

thats yer best bet

Title: Re: Buying a car
Post by: Mr.G on June 17, 2009, 10:44:12 pm

40p a mile, I didn't know that! I've been claiming half of all running costs up till now.. must look into this!
The question was about purchase of the car tho

Title: Re: Buying a car
Post by: EZclean on June 17, 2009, 11:35:32 pm

40p for the first 10k
25p for any after that

Title: Re: Buying a car
Post by: Mr.G on June 17, 2009, 11:59:20 pm

thanks, does this include travelling to work from home, or just travelling whilst at work?

Title: Re: Buying a car
Post by: EZclean on June 18, 2009, 12:07:26 am

i'm self employed, i start work when the car starts

Title: Re: Buying a car
Post by: Sapphire Window Cleaning on June 18, 2009, 12:34:42 am

When I started out I used a 405 estate and my accountant claimed 3/4 of the cost of the running of my car for business.
It would be best to talk to an accountant.






Matt

Title: Re: Buying a car
Post by: matt on June 18, 2009, 04:15:44 pm

you can either keep a record and work out your % split between personal and biz use

OR

40p a mile


most accountants will advise you on the 40p a mile