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Car leasing through graphic design business

Discussion in 'General Business Forum:' started by den, Feb 21, 2013.

  1. den

    den New Member

    Hi all,

    Just a bit of wondering really.

    Does anyone do a car leasing contract and put it against their business?

    Thinking of doing it as desperately in need of a new car but confused whether it's a good idea or not. I've emailed my accountant to ask him but I wondered if anyone does it on here?


    Thanks in advance for any replies.
  2. bigdave

    bigdave Moderator Staff Member

    We've looked at it but until your vat registered there's not a whole lot to gain & the up front payment can be very substantial.
    1 person likes this.
  3. Katedesign

    Katedesign Well-Known Member

    Wait for your accountant - there may be tax implications also
    1 person likes this.

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