Hypothetical...
If you own company A (a hire car business) and it purchases a vehicle for company hire, and company B (which you also you own) hires that vehicle; is this an acceptable tax arrangement?
Company A manages the depreciating asset, and company B utilises the asset, insurances, etc. Fuel paid for my Company B. This is all done as B2B.
Be gentle.
If you own company A (a hire car business) and it purchases a vehicle for company hire, and company B (which you also you own) hires that vehicle; is this an acceptable tax arrangement?
Company A manages the depreciating asset, and company B utilises the asset, insurances, etc. Fuel paid for my Company B. This is all done as B2B.
Be gentle.
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