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Car purchase - quick question

Sarah-LouSarah-Lou Well-KnownRegistered Posts: 141
in General accounting discussion
Client has purchased a car (not brand new) part cash part finance. Can I put through a % of the finance costs? Just the interest? Nothing at all as gets tax relief through capital allowances?

Thank you

Sarah-Lou

Comments

  • groundygroundy Trusted Regular Registered Posts: 495
    You would claim finance interest then proportion for private use (if any)
  • Sarah-LouSarah-Lou Well-Known Registered Posts: 141
    Thank you so much that is what I thought :001_smile:
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