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Many thanks. My issue is not with their (the sports persons) personal liabilities but ours as a company in a) buying the car and b) having it sign written etc. Can we write it down in whole being a car loaned out in this way and liveried up in our company details?
Oh yes, my inclanation would be to debit it to the advertising account. However, you must take cogniscence of the use of the vehicle as payroll wise it could be a company reporting responsibility and you might find the PAYE authorities breathing down your neck.
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