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Purchasing car

cruiser202006 · 2019-11-14 11:15:24

Purchasing a car through business account. Accountant advised to do this instead of withdrawing drawings and buying it through personal. Any reason why I shouldn’t finance it or just buy outright tax wise?? Car is upwards of €30k

14-11-2019 11:15am

#1

cruiser202006

Registered Users, Registered Users 2 Posts: 366 ✭✭

Join Date: July 2010

Posts: 284

Purchasing a car through business account. Accountant advised to do this instead of withdrawing drawings and buying it through personal. Any reason why I shouldn’t finance it or just buy outright tax wise?? Car is upwards of €30k

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