Missus is now self employed. Company cars?

[lukefreeman]

Before anyone states get an accountant, we are :-)!

She went self employed last week and works from both home, and an office which is 15 miles away (50:50 time split pretty much).

What can she claim for car wise? If she got finance on a car, could she claim VAT back? Or can she just charge the 45p per mile thing for 10k miles?

[Simpo Two]

Can't advise on the subtleties of finance, but she would need to be VAT registered to claim any VAT back.

Re the 45p/mile, I'm not sure driving to and from work is allowable, but stand to be corrected.

Another idea is to add up all motoring related expenses and claim a reasonable percentage to reflect the business/private split.

[sumo69]

Sounds like she would be seen to have 2 permanent places of work, so costs of travelling between the 2 would not be allowed.

BTW - what type of accountants are you if your asking these questions???

David

[lukefreeman]

Simpo Two said:

Can't advise on the subtleties of finance, but she would need to be VAT registered to claim any VAT back.

Re the 45p/mile, I'm not sure driving to and from work is allowable, but stand to be corrected.

Another idea is to add up all motoring related expenses and claim a reasonable percentage to reflect the business/private split.

She's VAT registered, I know that much.

She could change it to either work permanently at home, or work, if it makes any difference.

[lukefreeman]

sumo69 said:

Sounds like she would be seen to have 2 permanent places of work, so costs of travelling between the 2 would not be allowed.

BTW - what type of accountants are you if your asking these questions???

David

I'm not an accountant? Maybe the first line isn't clear. We are getting an accountant, however I thought I'd ask to see what people on this here forum's experience is (Seeing how everyone on here is a powerfully built director)

[Eric Mc]

On what basis does your missus consider herself to be self employed?

Has she started up her own business?