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.
📨 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!
Self Assessment - personal Car
Gingey125
Posts: 1 Newbie
in Cutting tax
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 
0
Comments
-
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.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
What is your employment status?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards