In our latest episode, we explore the options available to you if you decide to lease a car and how it can benefit your business 🚀 💼.

🚀 Content:

00:00 - Intro

00:20 - Introduction

01:20 - Car leasing options for business owners

01:51 - Financing lease vs. operational lease

03:56 - Advantages and disadvantages

04:46 - Licence plates: white, yellow, parrot

05:20 - Accounting

08:25 - Closing remarks

Key takeaways:

📌 Car leasing is available for business owners.

📌 There are two types of leasing: financing and operational.

📌 Financing lease: pay monthly, buy at the end.

📌 Operational lease: lower fees, return the car.

📌 White plate: lease fee not deductible as expense.

📌 Parrot plate: one-third of lease fee’s VAT is deductible.

📌 Yellow plate: full cost and VAT is deductible.

▶️ Check out our previous episodes if you’re planning to buy a car:

https://www.youtube.com/watch?v=4bGD_iEW9co

https://www.youtube.com/watch?v=f148Q1z_TFU

https://www.youtube.com/watch?v=qyYvDeuWSAE

https://www.youtube.com/watch?v=9KKWnfhHmHs

https://www.youtube.com/watch?v=Gfky8wx3vhQ

🦉 Cool Accounts ApS

Get the most out of your business!

Leave the bookkeeping and tax matters to a specialist!

https://accounts.cool/en/