I bought a 'used car' with a car loan last year.Can I get no tax returns to show this as an expense?
Paid five sections of the repayment of loans last car year. (Including Dec 2007)
Interest on car loans is not tax deductible. If you're detailing your tax return and used the vehicle for company business can deduct mileage expenses.
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Posted under Misc Business
This post was written by admin on September 5, 2010
