Family car run from farm partnership and tax

[jon9000]

Does anyone know how this works? If a car costs 20k what is tax deductible? Also a double cab pickup is that 100% tax deductible?

 

[Johnnyboxer]

Does anyone know how this works? If a car costs 20k what is tax deductible? Also a double cab pickup is that 100% tax deductible?

Pickup yes, less any deduction for private use element

 

[Clive]

Does anyone know how this works? If a car costs 20k what is tax deductible? Also a double cab pickup is that 100% tax deductible?

depends on % of private use

commercial vehicles like a double cab are eligible for at reclaim, car are not (except in a couple of very specific situations like a “pool car” or driving instructor, taxi or hire co etc)

if unsure ring HMRC they are really helpful

 

[PSQ]

My accountant puts 25% of 1 private car through the books as business use, and 100% for the pickup.

 

[TripleSix]

@Nearly

 

[jon9000]

Ok I think the 20 k would have a w d a of 8% so 1600 pounds
2/5 of this would be private use so 640 added back on so..... 960 eligible for Capitol allowances? Is that correct?

 

[Nearly]

I've spent 6 months looking for a red d2 commercial and then accountant says he can argue that one of my red d2 cars can be totally business use as I have exclusive use of another car, another red d2, for my personal mileage.
Perhaps this classes the work car as a pool car?
I'm talking £2k cars though, not £20k cars.
The red d2 van might be going into the shed yet or get some fatty tyres on to use as a quad!