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Second-hand light goods vehicle

DS
2025-05-30

Question

I recently purchased a second-hand light goods vehicle that I will include in my expenses. I will depreciate it over 3 years. Occasionally, I will use it for private purposes. Should I depreciate my light goods vehicle 100% and the costs such as light cargo fuel, maintenance, etc. at 85%, or should I depreciate both at 85%?

I assume that, as a sole proprietor, I can include the light goods vehicle for a full year when I make the purchase in May?

Thanks in advance for the information 🙂

For an investment, the year in which the investment is made is considered year 1 (even if you do your purchases on 31/12). We also had a light goods vehicle on our EMZ and, because it was for sporadic private use, the accountant advised us to include it 100% in the accounts.

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