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Posted on 04/01/2008 10:29 pm
Hi All,
I have a question regarding tax(income and VAT) exemption for freelancer due to car expences.
What is the better option.
- leasing a car without downpayment
- leasing a car with downpayment
- buying a car through finance.
I have a very good offer pending but due to holidays tax consultant is not reachable.
Looking forward for your help.
Regards
inditrozen
Member since 01/07/2004
Posted on 07/01/2008 11:14 am
So far as I know, leasing is the best option for a freelancer. The expense for leasing will directly be reduced from your income.
On the other hand, buying a car is not that a good option. Your total price will be spanned into 6 years to reduce your income.
Your tax lawyer will be able to decide rationally.
best regards
mk
mk
Member since 22/06/2004
Posted on 08/01/2008 11:12 pm
thx
inditrozen
Member since 01/07/2004