Car Purchase y Company Where It Shows On The Balance Sheet

[DSLiverpool]

And not cash, is it HP ?

[DSLiverpool]

Sorry I'm not sure what happened there - what's the way to buy a car where it's full value is added to the balance sheet whilst on credit - HP lease ? / HP

[DSLiverpool]

CaptainSlow said:

All car purchases will go on the balance sheet.

Ok what's the way to purchase a car on credit and the whole value goes on the balance sheet !

[DSLiverpool]

Thank you chaps

[DSLiverpool]

That was the original Eric - my garbled header and op has been answered but we have some disagreement however to clarify.
To buy a company car and have maxim tax benefit on the balance sheet whilst buying on credit is .......... ?

I assume HP or lease purchase ?

[DSLiverpool]

Over and above the call of duty as ever Eric - I am looking to get my company secretary (the missus) a plug in hybrid as a company car which is tax lenient however we cant afford to buy it outright so I will get it on credit and if I can get a balance sheet asset then all the better.