I am currently in the process of trying to buy a work only vehicle. Either a van or a 4x4 and it will only be used for work. I did a webinar which confused me into thinking I could only claim a certain percentage of the cost against my earnings as expenses? Does this make any difference to whether I buy a van or "car"?
When purchasing the vehicle, i am probably going to have to borrow some money from friends and family, rather than pay interest on a bank loan, do I still claim the total cost of the vehicle against my earnings as expenses? Or do I get some sort of receipt from the loaner and put it in as an expense that way?
Although I am self employed, i occasionally need extra help so i ask self employed people to help for the day/few hours and them send me an invoice. Is this correct and legal? I don't have employees and don't want employees as don't have regular work but want to ensure I'm doing everything right.
Also, i use animals for my business (performance), i just wanted to confirm that i can put the cost of vets bills through as expenses too? And feed?