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Rakhi Vasavada
Rakhi Vasavada , Financial and Legal Consultant
Category: Finance
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Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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Hi,I am a director in a property rental company which specialises

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Hi,
I am a director in a property rental company which specialises in short term lets. Effectively we operate a hotel model spread around various properties. This means a lot of moving about waiting on guests for a ' meet and greet' showing them in to their apartment. Constantly travelling between my office and properties prompted me to consider the purchase of a motorhome which could be used as a mobile office for the business. Could this be considered a capital expense and tax deductible ?

tks
Submitted: 2 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 2 years ago.
Dear Friend,

Hello and welcome. Thank you for providing an opportunity to assist you.

YES, a motor home expenses is a capital expenses and it is treated in the following manner.

A motorhome is defined as a "Car". As per the commercial vehicle definition given in the following link, though you cannot claim a 100% tax write off in one year, you will certainly have annual allowances on the reducing balance of cost at 18% for 2012/13 onwards.

References:

http://www.hmrc.gov.uk/manuals/eimanual/eim22065.htm


http://www.hmrc.gov.uk/helpsheets/hs252.pdf


I am sure this would help.

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