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Posted Mon, 15 Nov 2021 11:57:22 GMT by Ne
Hi. The company purchased a van which is used by director for business purposes. Director keeps the van at his personal garage when it is not used. Recently director purchased new garage door and flooring. Can the company claim it as a business expense?
Posted Thu, 18 Nov 2021 14:58:50 GMT by HMRC Admin 19

The expenditure is personal in nature and are not wholly and exclusively for the purposes of the trade and are not allowable as a business expense.

Thank you.

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