I have been running as contractor for about 2 years and have my own ltd company with flat rate registered VAT.
I would liek to get a car however am not sure of teh most tax efficient way with regard to both tax and VAT.
The thoughts I have are:
- Business contract hire
- Personal contract hire
- Buy it and use as my own and claim mileage
Any thoughts
Mike
I would liek to get a car however am not sure of teh most tax efficient way with regard to both tax and VAT.
The thoughts I have are:
- Business contract hire
- Personal contract hire
- Buy it and use as my own and claim mileage
Any thoughts
Mike
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