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If I was to lease a car (contract hire), would this be tax deductible as a sole trader (self employed person)?

DPMoney
by DPMoney 09 February 2012  |  Comments 2 comments  |  Love Love  0 loves

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Comments (2)

  • MikeGG1
    Love rating 879
    MikeGG1 posted

    This is a very grey area so it is best to talk to your accountant and taxman about it. It would be assumed that part of the use would be personal so only part would be tax deductable.

    Mike

    Posted on 10 February 2012 | Love Love  0 loves Report
  • DPMoney
    Love rating 0
    DPMoney posted

    Thanks Mike

    Appreciate the answer

    DPM

    Posted on 10 February 2012 | Love Love  0 loves Report

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