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How to Write Off Car Payments as a Business Expense?

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How to Write Off Car Payments as a Business Expense?

In the UK, a tax write off is more commonly known as a tax deduction. HMRC lets you deduct, or write off, an expense from your taxes if you use at least a ‘definite proportion’ of it ‘wholly and exclusively’ for business purposes.

Here’s a look at how business vehicle tax write offs work in the UK.