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Sole trader - 2nd car

Posted by Cant Add Up PM | on Mon, 10/10/2011 - 17:34  1114  9 comments | report

Sole trader has 20% business use on car [mini]....and claims accordingly. 

Wants to buy a 2nd car [Audi] 'for business use only' and claim 100% on it.

The business mileage claimed will be the same, but obviously the amount claimed will be higher [both because it's 100%, but also because the new car is more expensive].

What are the issues that might arise here??

 

 

 

Comments
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If he keeps a rliable mileage log

ACDWebb | Mon, 10/10/2011 - 19:08
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Cant Add Up | Tue, 11/10/2011 - 11:01

You/he will need to maintain evidence to support the claim

ACDWebb | Tue, 11/10/2011 - 11:26
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blok | Tue, 11/10/2011 - 11:38
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MikeJT | Tue, 11/10/2011 - 11:40

Capital Allowances

MARKJET | Tue, 11/10/2011 - 11:54

Cap allow...

Cant Add Up | Tue, 11/10/2011 - 13:09

Mileage

MSunderland | Thu, 01/12/2011 - 23:50

I thinks, it is really better

seds12 | Thu, 26/04/2012 - 11:07