Anyone brought a Tesla for business use from new?

[kindai]

I haven't looked into it in any detail, but someone mentioned today they purchased a Model S as a business car, and due to how the tax breaks and other various things work, effectively wrote the entire thing off his tax bill.

Anyone got more info on this? As I may look at getting one if it is as good as it sounds (doubt it).

 

[Dis86]

Not so subtle hint but...speak to your accountant.

They can work wonders

 

[kindai]

Not so subtle hint but...speak to your accountant.

They can work wonders

Yea I will schedule a meeting, but just wondered if there was anything to browse through until then. With the tax year wrapping up soon, may look to get one for the 2017/2018 year.

 

[kindai]

Found it, surprisingly has to put in a weird google search to get the right page to show up.

https://www.gov.uk/hmrc-internal-manuals/capital-allowances-manual/ca23153

 

[Dis86]

"no restriction to the car hire or leasing expenses a business can deduct for tax purposes."

I like that sentence!

 

[oneilldo]

"the expenditure is incurred between 17 April 2002 and 31 March 2015."