Discussion in 'Chit Chat & Introductions' started by SPCleaning, Apr 5, 2015.
What do these terms mean when getting a new van?
i know a few people that finace lease vans as they 100 per cent deuctible from tax bill
You get to keep your secret cash-stash intact and well-hidden from the Mrs.... .
Hire purchase is finance and end of term you own the vehicle different to say a 3 year lease were you have the option to buy the vehicle at the end of term or give back!
If a vehicle is used solely for business it's 100 percent tax deductable no matter the the terms of the van
Some I no use the vehicle say 75 percent business 25 pleasure that's for you and accountant to discuss
Bought my van out right can't be arsed with finance prefer to own and do whatever I want to it without the worry of finance company's having there say in things
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