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Ormo5(Newbie)Newbie
25 May 2024

We are purchasing a caravan for personal and business use, we have personally paid a deposit towards the van, can the business also pay a deposit towards the van?? And if so how much, the loan for the remainder of the amount would be a personal loan. Also would we pay the registration/insurance or would it be part paid by the business???

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1 replies
238 views
1 replies

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Most helpful reply

Deb_ATO(Community Support)Community Support
30 May 2024

Hi @Ormo5


It'll be up to the business on what they're able to do. You'll only be able to claim deductions in relation to any business-related expenses.

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Most helpful reply

Deb_ATO(Community Support)Community Support
30 May 2024

Hi @Ormo5


It'll be up to the business on what they're able to do. You'll only be able to claim deductions in relation to any business-related expenses.

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Purchasing a Caravan for the business and personal use, can the business pay a deposit towards a Caravan | ATO Community