Sole Trader Expenses

B

butters

Guest
I have a full time job ; and also a part time business which is set up as a sole trader. My car is vital to the part time business , i wouldnt necessarily need a car otherwise, but my accountant says i can only claim 20% capital allowance on my car hire purchase agreement.
is there a way to write this off as a business expense.
If the car were only for my own personal use i would buy something for a grand and would not saddle myself with a car loan
 
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