Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Is annual car tax an allowable expense?

  • 01-06-2012 10:37am
    #1
    Carstuck
    Registered Users, Registered Users 2 Posts: 439 ✭✭


    Hi all,

    Just a quick question, is annual car tax an allowable expense for self employment?


Comments

  • #2
    Mongarra
    Registered Users, Registered Users 2 Posts: 1,119 ✭✭✭Mongarra


    Yes, but if the car is used for personal purposes as well as business there is an adjustment to the allowable proportion as there is with all motor expenses for the year. Incidentally the same applies for Telephone and Light and Heat where home is used as the base for the business.


  • #3
    Carstuck
    Registered Users, Registered Users 2 Posts: 439 ✭✭Carstuck


    Mongarra wrote: »
    Yes, but if the car is used for personal purposes as well as business there is an adjustment to the allowable proportion as there is with all motor expenses for the year. Incidentally the same applies for Telephone and Light and Heat where home is used as the base for the business.

    Thanks, was thinking it was allowable but wasn't sure. Is there any set or general proportion amount or is it really on a case-by-case basis?


  • #4
    Mongarra
    Registered Users, Registered Users 2 Posts: 1,119 ✭✭✭Mongarra


    There is no set proportion. It depends on the circumstances of each individual.


Advertisement