Van insurance (business usage only)

Original Post:

Ryan134

New Member
Oct 23, 2024
2
0
Hi, I plan on paying my van insurance (business use only) by direct debit monthly as it is more affordable for me at the minute.

The annual price without interest charge is £2046.13 but because i am paying it monthly the total price with interest charge is £2260.27

The monthly payments will be £174.64

Am i able to claim relief on the full monthly amount or will i need to deduct the interest charge each month ?


Thanks
 

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