Buying a motor vehicle for the business?

Assuming you are a sole trader, you can claim whatever proportion of the costs relate to business. I.e. if you do 50% business mileage, then claim 50% of the costs. Special rules (called capital allowances) apply to the cost price if you purchase it outright. There are are also special rules to consider if you are VAT registered. Not to mention a restriction on the amount you can claim for the lease payments if the vehicle is defined as a car and is expensive. Finally, even more special rules to apply if your business is a limited company.

I suggest you let us know more exact details, i.e. mileage, type of business, VAT registered or not, cost price of van, etc etc and we can be more specific with the advice.

Beware of going for a pick-up as the personal tax rules change in april to make it very un appealing to run one of them as a company car.

Regards

GD