Hi people. I've got two tree stumps to remove (or get to below ground level to be more exact) - quite big ones (between 15 and 20 inches) - old pine trees. I thought I could hack them to a lower level with an axe but this has appeared optimistic!
I'm in South Wales and stump grinders seem a...
Everyone understanding of this seems a bit woolly so:
you buy the van, you can reclaim the VAT (if VAT registered). The HP interest is an allowable expense. This is apportioned by taking the total interest payable and spreading it over the life of the hp so more interest is attributed to the...
There is another matter to consider when looking at fuel receipts, relevent if the company is VAT registered. The above is quite correct but look at the situation if the van is privately owned and mileage allowances are claimed
Employee: claim 40p per mile (first 10K miles), company pays over...