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educatortech, Professor
Category: Business
Satisfied Customers: 5240
Experience:  M.A., M.S. Education / Educational Administration
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My friend has her own limited company and is a dentist. Can

Customer Question

Hi, my friend has her own limited company and is a dentist. Can she lease a new car on the company and deduct the cost from the profits
Submitted: 1 year ago.
Category: Business
Customer: replied 1 year ago.
I am still awaiting a response to my earlier question and is fast approaching 48 hours
Expert:  educatortech replied 1 year ago.

Hello, my name is Greg. Again, sorry about the delay as was in the wrong category.

As stated, she should be able to deduct as business expense or the deduct from profits. However, highly recommend to check with her tax specialist for any local issues.