Work Vehicle

stewart-page

Hi there, I am a self employed support worker and I use a vehicle solely for work purpose. We use my wife's car when I'm not at work. 

My work car has failed its MOT badly and isn't cost effective to repair. I wondered if I was to get a new car on finance how much I could claim back? 

I haven't got a car in mind yet but for example probably something like a £15k car. (I would likely need to pay monthly for it too, hopefully around £250 a month) 

Would I be able to claim the full cost of the vehicle as well as future business miles? Or would it be the monthly cost of the vehicle I could claim? 

I understand that you can't claim both miles and upkeep/repairs. 

Many thanks 😊

dunstonh

This is the missale forum.  You really ought to be posting in the tax forum.

How you are self employed?   sole trader/partnership or LLP or Limited company structure?

stewart-page

Apologies. I will re post. Sole trader 👍