HOME ESTIMATOR TAX BREAK EXPLAINED CONTACT
 
 
   
 
NOTE: Preston Motors are not liable for any tax consequences resulting from claiming of the Investment Allowance.

50% Tax allowance
(Small Business)

In order to claim the 50% allowance on a new vehicle the small business must have the contract signed before COB on the 31st of December 2009 and ready for use by COB on the 31st of December 2010.

30% Tax allowance
(Medium to Large Business)

In order to claim the 30% allowance on a new vehicle the med to large business must have contract signed before COB on the 30th of June 2009 and ready for use by COB on the 30th of June 2010.

10% Tax allowance
(Medium to Large Business)

In order to claim the 10% allowance on a new vehicle the med to large business must have contract signed before COB on the 31st of December 2009 and ready for use by COB on the 31st of December 2010.

Please consult your tax advisor for further information.