Lease a car or Buy a car for Ltd Company
Hi Would be glad to recieve some comments
HAve a ltd client who is vat registered, he is thinking of purchasing a car for about £5,000. He has the option of either buying it cash or leasing from A company for a period of two years.
would like to recieve comments on the pros and cons for each method for him and the company. As i know the vehicle private use can be classed as a benefit in kind as can fuel.
Thankyou in advance