Finance lease and capital allowances

Posted by Ned PM | on Thu, 14/06/2012 - 10:06 608 5 comments | report

Can you claim capital allowances on assets, in this case a bus, that are being purchased through a finance agreement. Also can the vat be reclaimed in fulll at the start of the lease even only a small deposit has been paid and most of the vat will be included as part of the monthly repayment?

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What kind of agreement?

BKD | Thu, 14/06/2012 - 10:43

It is a finance lease, but my

Ned | Thu, 14/06/2012 - 10:52

If it's a lease ...

BKD | Thu, 14/06/2012 - 10:59

Basically an assosiated

Ned | Thu, 14/06/2012 - 11:10

Moving goalposts

BKD | Thu, 14/06/2012 - 12:45