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Buying a boat under business

jetski · 2015-06-23 08:29:23

Hi, im going to be buying a boat/pleasure craft does anyone know if i can put this and its running costs under my company, If I plan on using it for advertising etc? Cheers David

23-06-2015 9:29am

#1

jetski

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Join Date: March 2008

Posts: 655

Hi,

im going to be buying a boat/pleasure craft does anyone know if i can put this and its running costs under my company, If I plan on using it for advertising etc?

Cheers
David

0

Comments

#2 23-06-2015 8:50pm

dbran

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Unless you are in the business of buying and selling or hiring out pleasure craft I would say unlikely.

dbran

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#3 23-06-2015 10:00pm

Alan Shore

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+1

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#4 23-06-2015 10:02pm

Stheno

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I know someone who thought this would be a great idea.

Their accountant did not, unless as was posted above

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#5 16-07-2018 8:59pm

jb73Dub

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Join Date: June 2018

Posts: 6

Buying a boat for my retirement. You need to buy in own name and cover running through personal - not business

0