Expensive car lease calculation | AccountingWEB

Expensive car lease calculation


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

There are 2 comments. Login or register to view them.

Depends on date of lease

RebeccaBenneyworth |
RebeccaBenneyworth's picture

Car Leasing

Salma01 |