company car self employed

tali122 | 01:07 Fri 14th Apr 2006 | How it Works

3 Answers

how does company car tax work for the self employed(i.e the financial arrangements)-is it more advantageous than an employer provided company car?

Answers

1 to 3 of 3

Best Answer

No best answer has yet been selected by tali122. Once a best answer has been selected, it will be shown here.

rojash

Yes, for the self-employed, a car can be considered a business expense, whereas for a company employee, it's a benefit in kind.

you have to be clear about what are business miles and what are not on your return.

Question Author

my question is more in relation to purchase of car and how the tax relates to the financing of it

1 to 3 of 3

Do you know the answer?