From: "Doug Ramage"
Newsgroups: uk.finance
Subject: Re: Sole trader allowable car expenses
Date: Sun, 18 Dec 2005 11:36:38 -0000
"Ronald Raygun" wrote in message
news:u%apf.10907$iz3.3987@text.news.blueyonder.co.uk...
> Doug Ramage wrote:
>
>> It's an Either/Or option - either mileage + loan interest or the
>> business
>> % of ALL motoring costs including Capital Allowances.
>
> Presumably in the first option you can only use the business % of the
> loan interest, and in the second option loan interest is also a part
> of "all motoring costs".
>
Yes & Yes.
--
Doug Ramage
[Watch Spam Trap]
|