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Tax implications for business van hire?

stevetuk
stevetuk Posts: 123 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
in Small biz MoneySaving
Hi

I have a limited company and have been looking into a business contract hire for a van. I know there are tax implications but it seems so complicated I don't know where to start with it all. I've heard 'benefits in kind' and I know about mileage claims and so on. How does it work and does anyone have any advice please?

Thank you

Comments

  • Savvy_Sue
    Savvy_Sue Posts: 47,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You have a limited company - do you not have an accountant? They would be your first port of call!
    Signature removed for peace of mind
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    1,000 Posts Combo Breaker
    Savvy_Sue wrote: »
    You have a limited company - do you not have an accountant? They would be your first port of call!
    OP hasn't been back since posting the OP, so can't have been interested in the answer that was given, so said answer has now gone as there are many other posts about the tax treatment of vans.
This discussion has been closed.
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