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Tax implications for a new car

limklad1974 · 2018-01-09 14:10:11

I’ve started a new job as a contractor in an IT company. I have to set up a new company and invoice the new employer for my hours through this new company. I live 40 mins away from my new place of work. I’ve a pretty old car... Any one got advice on what I can do as regards buying, hiring, leasing a new car? Should I do it…

09-01-2018 2:10pm

#1

limklad1974

Registered Users, Registered Users 2 Posts: 39 ✭

Join Date: October 2011

Posts: 32

I’ve started a new job as a contractor in an IT company. I have to set up a new company and invoice the new employer for my hours through this new company. I live 40 mins away from my new place of work. I’ve a pretty old car...
Any one got advice on what I can do as regards buying, hiring, leasing a new car? Should I do it personally or run it through the new company? Obviously looking to lower the tax burden but to do so legally without dragging an Audit on myself

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