Sounds right, not sure about 100% if only vehicle though.

Son has gone self employed and was informed as his job is manual to get a small van rather than a car cause he could offset all buying and running costs against profit - rather than a car because its then only a percentage because of personal use. Back in the day when I started you could only claim a percentage (I think 25%) each year rather than all in year one - though I think this still may be an option.

Posted By: Men without hats, Apr 23, 16:51:51