09 July 2009
i AM PROFESSIONAL. I HAVE PURCHASED A CAR. MY EXPENSES ON CAR PETROL & CAR REPAIRS & MAINTAINENCE SHOULD BE CLAIMED AS BUSINESS EXPENDITURE OR NOT AND UNDER WHAT HEAD
09 July 2009
Hi, You can claim the car expenses if same is used for your business purpose. It is an allowable expenditure. You can debit all these expenses to CAR EXPENSE ACCOUNT.
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