Finance lease and capital allowances | AccountingWEB

Finance lease and capital allowances

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 |

It is a finance lease, but my

Ned |

If it's a lease ...

BKD |

Basically an assosiated

Ned |

Moving goalposts

BKD |