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Categories explained: Vans 🚚
Categories explained: Vans 🚚
Steven Anderson avatar
Written by Steven Anderson
Updated over a week ago

Company Vans should be separated from Cars because they can attract different taxes. If your company uses a van to courier items or another legitimate business reason you capitalise the cost as a business asset. If the van is available for private use of the employee, you'll have potential tax considerations to think about.

What's included

The company van used for business journeys such as transporting stock.

What's not included

The company car should be categorised in to a separate asset account.

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