How to Write Off Luxury Cars as a Tax Deduction | Small Business Tax Saving Tips

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Today I'm in a BMW M3, a pretty decent car that would cost close to £100k to purchase. I show you how you can claim tax relief when using a luxury vehicle like this for business purposes.

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  1. Joshua Tharby
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Комментарии
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great, thanks for all your vids. Such amazing value

noble
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Any idea how this can work for a doctor working for the NHS? No private work or company just working for NHS

MrClassy
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Hi can I not do it as a limited company for a lease? Is that fully refundable if its 100% for work?

countylivinginstyle
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I thought you can't deduct HP monthly expense, only lease

arsenewenger
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If one can afford a luxury car and one that adds a lot of emissions to our shared environment, is it not mean and antisocial to seek to avoid paying fair tax on it? This may be legal but it sounds selfish and immoral.

PeterUpton-pkjw