Forum

• # 114373
• Tue 03 Jan 2017 09:49 AM

Hi all

I have a client who has just set up a new Limited Company as a Builder.  I need to find advice on what will be best for him regarding the van he uses for work which at the moment is in his own name and also his phone. 

Any advice or weblinks much appreciated. 

Thanks

Sue

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• # 114386
• Thu 05 Jan 2017 01:37 PM

Hello Sue

As the van is not owned by the Ltd co. I think the builder would be able to claim the flat rate HMRC mileage with above/below these levels being treat as a BIK/allowable deduction. Correct me if I'm wrong as I don't deal mainly with Sole Traders.

Dean

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