#37 Car Leasing for Your Business

Will leasing solve Rezső’s car problem? 🚗 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/