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WebApr 18, 2024 · Joined Apr 13, 2024. 1,219 Posts. #19 · Apr 18, 2024. cah197 said: Yes, the company that leases it on your behalf can claim 50% of the VAT back - assuming it would be used for personal as well as business use. Although what the employer deducts from the employee’s pay for use of the car is up to them. WebOct 25, 2024 · Save big bucks on taxes! The amount you pay for a vehicle lease is eligible for tax relief. Leasing a car could help you save as much as 25% on your taxes. Such tax benefit is applicable for self-employed as well as salaried professionals. When you lease a car, you must check out the tax benefits available for you in leasing a vehicle. WebMay 3, 2024 · A company car scheme requires a significant investment upfront. Benefits of a car allowance. Cash allowances’ administration and maintenance costs are passed onto … shipped with amaus amazon