Should You Buy or Lease a Car Through Your Limited Company and are there any benefits to choosing an

[@bimblewimble9440]

Didn’t find this helpful… what was the outcome? Which way is cheaper through a Ltd business?

[@chrismartell6135]

Summary. You can’t win. You will end up paying more in accountancy fees to figure out this convoluted system than any savings you could hope to make 😅

[@marcusdeacon4835]

If you purchase a full electric new car to get the benefit of 100% but go through Hire Purchase do you take off the full value of the vehicle immediately in that tax year even though it will be paid off over 3-4 years?

[@BRISTOLKETTLEBELLS]

Yeah I need clarification on this point.

[@chrismartell6135]

Yes. But then when you sell it later it’s a taxable event I believe so it’s more like deferred tax rather than saved tax.

[@TheNathan696969]

Great advice thank you!

[@EARART]

Can I set up a limited company and buy or lease a car through the company?

[@VR6VR6]

Useless video.