[8weekly]

I do have an accountant now to ask and I'll be asking him next week but I'm just wondering what people did with their vans when they went limited in terms of ownership and paying for fuel/servicing etc?

[Ian Lancaster]

I do have an accountant now to ask and I'll be asking him next week but I'm just wondering what people did with their vans when they went limited in terms of ownership and paying for fuel/servicing etc?

The van becomes part of the assets of the Ltd Company.  All expenses are paid by the company.  In practical terms, just keep all receipts exactly as you would as a sole trader and submit them to your accountant - he'll apportion the expenses in the most tax efficient way.