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daisey
26-08-03, 00:00
Hi <BR><BR>I am doing some revision questions before my devolved assessment, and I cannot find an answer to what is probably a simple question......... <BR><BR>If a partnership wish to introduce their cars to the business, what information do they need to give the Inland revenue regarding the business usage???<BR><BR>If anyone can help, I would be very greatful<BR><BR>Joanne<BR>X

alex
03-09-03, 00:00
i.e what % of the time the car is used for business purpouses (meetings/entertaining clients etc) and what for personal use (weekly shop). Then the % agreed with the inland revenue is used in the tax calculations. Business tax will only use *% of the vehicle costs etc.<BR>