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TaxRobin
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Category: Tax
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Experience:  International tax
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I’m paid as an employee in Oman working 35 days on/off on an

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I’m paid as an employee in Oman working 35 days on/off on an oil rig, I’ve just set up a limited company in the UK but I’m not currently paid through this company. Can I buy an asset eh car through the company and offset this against my personal tax liability earnings?
Assistant: Have you talked to a tax professional about this?
Customer: Not at the moment
Assistant: Anything else you want the Accountant to know before I connect you?
Customer: I don’t think so

Hello and thank you for allowing me to assist you.

The limited company could use the expense against the company income. You could not use the expenses against your employee

Customer: replied 2 months ago.
That’s fine, I thought that would be the case, thanks

You are most welcome.
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