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Using personal VAN in business

  • Member PM.Dip
  • Practice Licence
  • 2 posts
  • # 122107

Hello,

 

Need a bit of help with finding a solution to a sitution.

 

I have a new client who started a company last year. Before he registered the Limited company he ordered a VAN. As he did not have an accountant at that time and the company wasn't registered yet the VAN was purchased (hire purchase) in his personal name. 

I have adivsed him to have it changed but he chose not to do it as the car dealer (seller) was paying for the road tax that year. 

I find that mileage isn't working well for this type of business (delivery).

Is there any other solution for this situation other than mileage?

Thank you

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