Company Advertising on Personal Jeep

[MikeM]

Hi There,

I'm going to personally purchase a jeep and want to put company advertising on the jeep. Can I charge the company a fee for advertising on my personal jeep? I'm a director of the company.

Thanks,
MikeM

 

[T McGibney]

Why would you want to charge such a fee? Far simpler to pay yourself additional salary if you're so minded.

 

[mathepac]

Check with your insurance company. You may need commercial/business class insurance

 

[MikeM]

Thanks

 

[DB74]

Don't forget to include the fee in your Income Tax return