You recently made a capital gain on which you’ll have to pay tax. You’ve been told that if you invest in an enterprise investment scheme (EIS), you can defer the capital gains tax, but might it also reduce what you have to pay?
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One benefit that’s managed to avoid the chop relates to electric vehicles. What’s available and how might it help if you’re in the market for a new commercial vehicle?
Your business has purchased a commercial vehicle to transport goods to your customers but there will be some private use at weekends. Must you apportion input tax on the purchase price and ongoing costs to reflect the private use?
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