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The Small Business Owner’s Guide to Company Cars

business vehicle

How to Use Your Car for Both Business and Personal Purposes

by Compendent ·  5 min read  ·  January 24, 2022

As you look to grow your small business, you may come to the point where a new vehicle becomes a more appealing idea. After all, who wouldn’t want a new car that comes with some tax deductions? But is this really a good idea if you’re still growing? What kind of deductions do … [Read more...] about How to Use Your Car for Both Business and Personal Purposes

Filed Under: Business Tagged With: business vehicle

Why Should You Lease a Vehicle for Your Business

by Compendent ·  4 min read  ·  September 27, 2021

Consider this; business is booming, and you've finally decided to acquire a company vehicle. One conflict; you're not sure whether you should lease or purchase a car. As a business owner, your first priority is to ensure your choices help you enhance your business's operations … [Read more...] about Why Should You Lease a Vehicle for Your Business

Filed Under: Business Tagged With: business vehicle

Benefits of Putting Your Car Under Company Name

by Compendent ·  3 min read  ·  July 14, 2021

When purchasing a vehicle that you will use for personal and business-related driving, you may wonder whether you should register the car as an individual or business car. If you decide to purchase the car under your company's name, you can benefit from tax advantages. Whether … [Read more...] about Benefits of Putting Your Car Under Company Name

Filed Under: Business Tagged With: business vehicle

Should I Register My Car Under My Business?

by Compendent ·  3 min read  ·  May 1, 2021

If you use your vehicle primarily for business purposes, you may be wondering whether you should register as part of your business or keep it registered as a personal car. There are some advantages to this regarding car insurance and taxes; however, this decision isn’t right for … [Read more...] about Should I Register My Car Under My Business?

Filed Under: Business Tagged With: business vehicle

Should I Put My Vehicle in My Business Name?

by Compendent ·  3 min read  ·  October 23, 2020

When you decide to purchase a car that will be used for both personal driving and business-related driving, it can be hard knowing whether or not to register the car as a personal car or as a business car. You may already know that there are some advantages to doing this, but you … [Read more...] about Should I Put My Vehicle in My Business Name?

Filed Under: Business Tagged With: business vehicle, legal

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