Driving instructor

Having worked for a national driving school I now want to set up my own school.  I am in a position to be able to buy my first instruction car.  Are there any tax breaks available for the car?  

1st February 2012

Normally when you buy a car, you are only able to claim 10% or 20% of the value of the car each year.

However, provided that the car is fitted with dual-control mechanisms, you could claim all of the cost in the year you purchased the car; even if it was on Hire Purchase.

In order to make the best use of this break, you may benefit from speaking with your local TaxAssist Accountant.

 

 

 

 

By Jo Nockels

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