Sole trader client has a leased car with a value of £20705 and lease payments of £6004 in the year that I am looking at. Private use is 50%
I have done the normal calculation to remove the disallowable element of the lease costs and then calculated an addback of 50% on the allowable amount.
I think this is correct but have not done one for so long I am having doubts! Perhasp someone could verify
Thanks in advance