Community

LEASING OR RENTING

MH
2024-07-07

Question

Hello, I am self-employed with a sole proprietor.
To carry out my work, I need a light goods vehicle.
I went to get a quotation yesterday, and the seller told me that a business lease (all-in) is more advantageous for self-employed people. (Here, maintenance, registration, insurance, tyres, etc. are included.)

What is your experience with this?

Regards,
Mattia

Hi Mattia,

Exactly what is more advantageous from a tax perspective will depend on the exact cost and your circumstances. If you buy a van, you will be able to write it off over 5 years and claim 100% of the cost. If you opt for leasing or renting, you will have to include this in your monthly accounts.

Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Cancelled assignments: compensation

merge attachments

Processed and unprocessed expenses

Depositing cash

Not subject to VAT

Enter social security contributions or not, fill them in in personal income tax or not?

Not everything is legible on the invoice

Mobile phone/internet/electricity invoices

Sponsoring products for quiz

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter