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PCP tax implications

  • Fellow PM.Dip
  • Practice Licence
  • 12 posts
  • # 119859

Hi

Can my client claim back the cost of a car as a caplital allowance (at 18% per year) if they 'buy' the car on a PCP agreement?

If not, are the PCP payments put through each month as an expense, calculated as the % used for business?

 

Thank you in advance for your assistance.

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