personal use of a van

Hi I a new to the discussion forum and have a question about vans use for business and personal use:
I have a friend who is looking to start a business. He wants to get an old van to use for BOTH personal and business use.
Is he better to buy the van in his name or as an asset of the business?
If he buys the van in his name I believe that he can claim 45p per mile for business use in it.
If the business purchases the van; can he pay for each mile he uses personally and if so how much would he need to pay per mile? OR is the only option to pay the yearly fixed scale charge of £3090 + £581 for fuel (if not paid for)
Any help would be appreciated.
I have a friend who is looking to start a business. He wants to get an old van to use for BOTH personal and business use.
Is he better to buy the van in his name or as an asset of the business?
If he buys the van in his name I believe that he can claim 45p per mile for business use in it.
If the business purchases the van; can he pay for each mile he uses personally and if so how much would he need to pay per mile? OR is the only option to pay the yearly fixed scale charge of £3090 + £581 for fuel (if not paid for)
Any help would be appreciated.
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Comments
If he knows the cost of the van and a rough guide to how many miles he would be doing in a year then it should be easy to do a calculation and work out which will be better financially for him / the business.
If it is significant then I would apportion all as above.
Burg