Funding car purchase via company
Discussion
I'm looking for the cheapest way to finance a car. I could take the money out of my company any pay tax on it or use it as a company car but the car is for personal use as well as business so assuming that holding it as a company car would be expensive.
What I was wondering was if there was a legit way of buying the car via the company and leasing it to myself - avoiding any taxable benefit etc.
Is there a good way of doing this or have HMRC got it all sewn up tight?
What I was wondering was if there was a legit way of buying the car via the company and leasing it to myself - avoiding any taxable benefit etc.
Is there a good way of doing this or have HMRC got it all sewn up tight?
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