Discussion
If I was to purchase a 36 month lease for a Tesla through my company for use as home and business as I am not VAT registered would I receive any benefits on my corporation tax bill at the end of the year?
Also if I was short in my business account to Make the lease payments can my wife pay directly into my account as we are both planning to pay for the car jointly. She is not part of the company but we are looking to pay £250 each.
I currently have a Corp Tax bill of £8,191 (This will be the first I have paid)
Corporation Tax Return for 17 Aug 20 - 16 Aug 21 £5,050.20
Corporation Tax Return for 17 Aug 21 - 31 Mar 22 £3,140.89
Thank you.
Also if I was short in my business account to Make the lease payments can my wife pay directly into my account as we are both planning to pay for the car jointly. She is not part of the company but we are looking to pay £250 each.
I currently have a Corp Tax bill of £8,191 (This will be the first I have paid)
Corporation Tax Return for 17 Aug 20 - 16 Aug 21 £5,050.20
Corporation Tax Return for 17 Aug 21 - 31 Mar 22 £3,140.89
Thank you.
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