We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Old classic van for business
chipolatta
Posts: 47 Forumite
in Cutting tax
Hi, I have a modern van already which I use to run my business, but I really fancy an old classic van like a Citroen H van, which would really stand out and promote my business, but also could be used occasionally for hauling materials about. My question is, can an old banger (and all its spare parts) be tax-deducatable in my next tax return, or even clawedback from the previous year?
I understand that it doesn't matter how many plant/machinery/vans a company or sole trader owns, but would that include something like an old classic van as well?
Thanks in advance, Chipper
I understand that it doesn't matter how many plant/machinery/vans a company or sole trader owns, but would that include something like an old classic van as well?
Thanks in advance, Chipper
0
Comments
-
No problem as long as the purchase IS business motivated and you only claim the proportion of costs split between business and private use, as with any vehicle.1
-
Thanks Pennywise.Pennywise said:No problem as long as the purchase IS business motivated and you only claim the proportion of costs split between business and private use, as with any vehicle.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards