New car and car loan
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  1. #1
    Join Date
    Apr 2008
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    Murieston, Livingston
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    Question New car and car loan

    Hi Guys,

    I am really excited about collecting my new car on 24th May (Chrysler Voyager), what I need is some advice on, is it best to claim the Mileage Allowance or claim a proportion of the loan costs, insurance, road tax, fuel etc.

    Also do you know the Inland Revenue rate for a diesal car?

    Look forward to your advice.

    Best Wishes

    Claire

  2. #2
    Join Date
    Dec 2007
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    With the fairies
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    Default Re: New car and car loan

    The 40p per mile is much better and easier to work out too!

    If you claim for the car itself it then becomes a capital allowance of the business and is a nightmare to work out.

    Good choice of car, I have one of them

  3. #3
    Join Date
    Dec 2006
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    Cheshire
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    1994
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    Default Re: New car and car loan

    Good advice there from Berks...

    If you feel you want to contact the inland revenue for more information, here is the link -

    http://search2.hmrc.gov.uk/kbroker/h...ctus/start.jsp

  4. #4
    Join Date
    Apr 2008
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    Default Re: New car and car loan

    Thanks guys, will still with the mileage allowance. I am really looking forward to collecting the car on 24th. All I need is to get registered and then there will be no stoppiong me!

    Claire

  5. #5
    Join Date
    Sep 2006
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    Default Re: New car and car loan

    Enjoy your new car

    Angel xx

 

 

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