SUV for constuction/property development company

SUV for constuction/property development company

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There are two directors in the company. At present they use their individual cars to visit sites and deliver materials etc. Which is not ideal. They are thinking of getting an SUV to use for the business and also for private use.

Is it better to get it as a private Jeep and charge mileage whenever is used for the business?

Are they better off buying as a company vehicle and paying tax on the private usage?

Thanks
Bunmi
Bunmi Agbede

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