Quizzes & Puzzles1 min ago
Tax relief vehicles
4 Answers
Can anyone suggest a few vehicles my partner could look at buying with the most tax benefits. He is self employed and needs a vehicle to carry tools, but also to pull our touring caravan and transport us in it. He currently uses a Land Rover but has been told he needs to find another vehcile for better tax relief, any suggestions ? He was thinking of a Warrior type of vehicle.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Don't understand your question, delsgirl. The type of vehicle used won't affect the tax benefits; assuming he's not VAT registered, your partner is entitled to claim either 40p for every business mile or a proportion of all the costs of the vehicle (except actually buying it) equal to the proportion of business miles to private miles. Assuming the vehicle was "fit for purpose" - you probably couldn't claim anything for a sports car - it doesn't matter what it is.
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