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Self assessment and a lease car?
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I am assuming that you are not registered for VAT, so you claim expenses VAT inclusive, which means you recover 20% of 85% of the gross leasing costs, and 20% of the gross petrol, repairs etc.Krakkkers said:Ok so i can only claim my tax relief on the element of the lease payment that does not include VAT.
I am new to this so learning all the time.1
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