Clever Clogs
10-03-2008, 05:46 PM
Hi there
Sorry if I should be putting this onto a post I had done previously - wasn't sure. I am thinking of getting a new car and my father in law suggested buying it through my business. When I had asked about which cars you use, Flora had stated about watching out for it on tax return as I would need to fill in a more detailed one that cm's. Has anyone esle bought their car through their business and claims it as a capital allowance? At the moment I already fill out a tax return as I also work as an Aromatherapist and do Indian head massages etc (although few and far between). Are there any more implications etc that I would have to look out for? Been trying to phone the tax office for advice but they're constantly engaged.
Thanks in advance
Tracey
Sorry if I should be putting this onto a post I had done previously - wasn't sure. I am thinking of getting a new car and my father in law suggested buying it through my business. When I had asked about which cars you use, Flora had stated about watching out for it on tax return as I would need to fill in a more detailed one that cm's. Has anyone esle bought their car through their business and claims it as a capital allowance? At the moment I already fill out a tax return as I also work as an Aromatherapist and do Indian head massages etc (although few and far between). Are there any more implications etc that I would have to look out for? Been trying to phone the tax office for advice but they're constantly engaged.
Thanks in advance
Tracey