• HOME
  • ABOUT
  • SERVICES
  • TAX FAQ
  • CONTACT
Is it better to lease or buy a company vehicle?

Is it better to lease or buy a company vehicle?

by Louisa Currie | Jun 20, 2022 | Assets, Motor Vehicles

If you need a car to operate your business, which is better to purchase a vehicle or lease one? On the one hand, if your business owns the car you’ll have a long-term asset and may qualify for more tax deductions. On the other hand, buying a car is a huge expense and...

Recent Posts

  • Home Office Expenses
  • Provisional Tax – how does it work?
  • Top tips for getting your financial year end work completed quicker
  • End of financial year checklist
  • Business plant and equipment: Buy or lease?

assets common expenses to claim company vehicle depreciation due dates expenses investment property IRD kilometre claim rate log book vehicle expenses vehicle lease

GoTax

We provide accounting services for individuals and small to medium size businesses.

Quicklinks

ABOUT
ACCOUNTING SERVICES
TAX ADVICE
PRIVACY POLICY
TERMS & CONDITIONS

CONTACT

Get In Touch

GoTax Accounts Limited
Ph:  021 861 883
Mairangi Bay, Auckland 0632
PO Box 302196, North Harbour 0751