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Search results: 5 article(s) found in topic: Cars and vans - keyword: Finance

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VAT - CARS

Can you save VAT by leasing a car?

Unless you buy and sell cars as a trade, or use them exclusively for your business, you can’t reclaim any VAT on their cost. On the other hand, you can reclaim some VAT where you lease a car. How much can you save? More...

TAX - CARS

Are you reclaiming all the VAT you can on company cars?

A car salesperson is pushing the benefits of leasing a company car - especially the VAT angle. He says this is unlike an outright purchase because you can reclaim VAT on lease payments. Is he right? More...

CARS

These ECO cars are not what you might think!

A friend invited you round to view his new ECO car. A shoebox on wheels you thought, but you changed your mind when he pointed to the luxurious limo on the drive and told you it was part of a tax-saving scheme. What’s full the story? More...

DIRECTORS’ LIABILITY

Returning leased cars

Your company has two leased cars which you’d like to return twelve months early. Although the leases are in the company’s name, all the directors have given personal guarantees. Could there be problems? More...

COMPANY CARS

Avoiding lease penalties

A director has just resigned and you’re not about to replace him. Trouble is, there are still two years left to run on the lease on his Jag. What are your options? If you can’t get out of the lease, is there a way to write off the payments? More...
Last updated: 14.12.2018

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