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Most tax efficient way to get new car
medicman
Posts: 49 Forumite
in Cutting tax
Hi all
I need to change my car. My situation is that I earn about half my income through self-employed work and half through fixed salaried employed work. Will it be more tax efficient to buy a new car (with a loan) or given that I am partly self-employed can I lease a car? If so, how do I go about this.
Many thanls for any help you can provide. COMPLETELY CONFUSED!!!!!!
I need to change my car. My situation is that I earn about half my income through self-employed work and half through fixed salaried employed work. Will it be more tax efficient to buy a new car (with a loan) or given that I am partly self-employed can I lease a car? If so, how do I go about this.
Many thanls for any help you can provide. COMPLETELY CONFUSED!!!!!!
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