Leasing through a Limited Company The Good… Reclaim VAT on lease payments – handy if you are VAT registered and extra handy if there’s no private use of the vehicle so you can reclaim 100% of the VAT. If private use does occur, you can only reclaim 50% of the VAT Lease payments are tax deductible […]
During the budget, the Chancellor announced tax rates and allowances for the new tax year – which starts on April 6th.
The budget is one of the most eagerly anticipated annual announcement for accountants and their clients alike. It can act as a key planning tool for the finances of individuals and businesses.