Newish LTD funding car lease - can I sub it?

[DSLiverpool]

My LTD is 4.5 years old and been cooking on a low light while I worked on other stuff. (Always made a profit, decent credit score)

So I want to lease buy an etron GT which my LTD cannot afford right now but should be able to in 6 months. I know I’ll have to take a PG that's no bother.

Question is can I inject money into my LTD primarily to fund the car lease? I’m pretty sure I can but interested in opinion from the sages.

[anonymous-user]

Yes, just record it in the directors loan account

Will you be using the car as a company car? If so, just be sure to record it properly through payroll / P11D etc.

Take the money back from the directors loan account when it is most convenient

[DSLiverpool]

Thanks Jon, yes it’ll be a hardly used company car. I’m going back to 2 cars and looking at R129’s to pair with the etron.

[anonymous-user]

nice pairing!

[DSLiverpool]

JPJPJP said:

nice pairing!

Got to find one !! Weirdly a SL600 might be more logical than a 500 on depreciation / appreciation. It’s also possibly ive missed the 129 boat but a 230 is just too “new” - I’ve had both before.