Self Assessment - personal Car

Gingey125

I'm just completing my self assessment and I wondered if I can claim for my car?  I have a PCP agreement for a vehicle I use for 25% personal, 75% business.  I pay for the car personally, not through the business.  I know I can claim for the % of running costs but can I claim for a percentage of the car's value?  I've tried googling and I've seen things about allowable expenses but I'm a little confused as to how I go about this.

Thank you

Grumpy_chap

Gingey125 said:

I'm just completing my self assessment and I wondered if I can claim for my car?  I have a PCP agreement for a vehicle I use for 25% personal, 75% business.  I pay for the car personally, not through the business.  I know I can claim for the % of running costs but can I claim for a percentage of the car's value?  I've tried googling and I've seen things about allowable expenses but I'm a little confused as to how I go about this.

Thank you

Usually, the simplest approach is to claim mileage at the rates of 45 pence per mile / 25 pence per mile depending on the total mileage in the year.

What is your employment status?