over 5 years artist, was going to go with 3 year lease, but il try keep monthly payments lower, small deposit and balloon payment at end and hand back or keep, my books only go in once a year and im not vat registered so get tax relief on whole deal although ive not paid it all off.....im no expert on the tax front, just what my accountant tells me last week, he advises to spread the relief over the term but think il be greedy and acquire the lot
My old (despised) boss had a 56 plate Navara and my how we laughed when he rang to say the half shaft had parted company with him on the motorway... thankfully no innocent on comers or other road users were mangled or mashed by a bouncing wheel and axle on the M1... Nissan didn't laugh either as they quickly disposed of the vehicle from the yard holding the truck and it was never seen again, sadly with all the boss's CDs, shoes and other guff he used to keep for his amusement on the motorway inc. a diesel boost kit that the insurance company spotted and they had a good laugh at his attempts to threaten court action and other trouser-less threats of hot air.... Still must have scared the poop out of him 😯 ..
Like that Navara in White all the same.
im not vat registered so get tax relief on whole deal although ive not paid it all off.....im no expert on the tax front, just what my accountant tells me last week, he advises to spread the relief over the term but think il be greedy and acquire the lot
Sorry if I sound pedantic, but how are you planning on getting the VAT back if you aren't registered? I think you may be getting a bit confused - you will get tax relief on the whole amount and can claim this in the first year as Annual Investment Allowance, or write it down over the 5 years. You will have to apportion how much you use it for personal though as a percentage, but if you have another car you can probably get away with this
now this is a pickup I would like...
[img] 
[/img]
yup thats it artist the process you described, like I say im no expert, I just hand accountant a box of paperwork and hope for some money back month later............ 😀
