Claimable business reliefs on buying van with bed.
My new client works as a contractor through his limited company repairing aircraft engines at a factory site 200 miles from his home which is also his registered office.
He draws the usual combination of salary and dividends but does not have a contract of employment for reasons of national minimum wage.
The travelling and accommodation are costing him a fortune but one of his colleagues suggested this scenario. His company buys a van with a bed. There are toilets and showers at the factory site. There is no private mileage hence no taxable benefit and no ‘conversion’ of the van.
The colleague believes my client can also claim £25 a night tax relief for accommodation but I doubt it since no actual expense is incurred.
Readers’ comments and advice would be appreciated.
Query 19 252– VanMan.
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