Vehicle expenses with regime reel for apartment rental (LMNP) activity?

PhilRos

5 Jun 2017 at 12:43 · Viewed 1206 times

I own and run two holiday apartments in a location meublée non professionnelle (LMNP) for lettings. My personal car has just failed the CT, so I’m considering options for a new one.

Can my LMNP business take out finance and buy a new car as a business expense? Would there be any restrictions on the type of vehicle, i.e. must be a commercial vehicle?

I’ve so far not claimed any sort of vehicle expenses as this has not been brought up by my accountant. We use the car all the time to visit the apartments to clean, fix, get linen, check-ins etc.

Answered