Private Car Usage
jewels.p
Registered Posts: 1,774 Beyond epic contributor 🧙♂️
Am I right in thinking that in a Capital Allowance Computation you only adjust for Private Usage of the car for Sole Traders and Partnerships and NOT for Company Directors or Employees?
0
Comments
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That is correct.0
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Yes company directors and employees will be taxed on these through P11d's if appropriate.Regards,
Burg0 -
Thanks you two just wanted to confirm with people that know the right answers as I am still doubting myself alot when it comes to Business Tax Rules! :laugh:0
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