10:27 AM, 15th June 2015, About 6 years ago 24
I currently have a portfolio of 12 houses (which is increasing) and visit them every every 3 months.
I also manage each property and attend when tradesmen carry out any maintenance or checks.
My questions is whether or not I can put costs for the lease car I have against my business? I don’t use the car purely for business but I know of people that seem to be able to do this even if they are only driving to and from a shop they own.
My tax returns are dealt with by my accountant and he has suggested I claim mileage but surely there is more that I can claim?
I have a full time job in addition to managing the properties so I’d be interested to know what I can do with car leasing given my circumstances.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
Previous ArticleLandlord has the last laugh in rent arrears debacle
Next ArticleTemplate for Letter to Guarantor for Rent Arrears?
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|