bought new car
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Thread: bought new car

  1. #1
    Join Date
    Sep 2010
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    Buckinghamshire
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    381
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    oct 06
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    Default bought new car

    I have just bought a new car, I do the 45p a mile rule but some-one said that if i have bought a car on hp i can put the interest payment through as an extra. Is this correct

  2. #2
    Join Date
    Aug 2008
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    not where I should be...
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    10,845
    Registered Childminder since
    Aug 94
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    Yes you can but only proportionalised to the business use. If it is a newish vehicle and a lot of business miles by percentage you might be best to keep an open mind to capital depreciation
    Debbie

 

 

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