Your car

Most people will not have any idea that they can use their cars as a means to save the valuable tax on their income. Even if you are using your car for personal purposes, if you can prove and show that it has been used by your company for business purposes, and all the expenses on the car like fuel expenses, maintenance expenses, etc as expenses of the company, then you will surely get deductions on the tax which you earlier would have to pay completely.

You can use your car in your business and show operational costs as expenses of the company. The cost of operating the car can be shown as the amount the company spends on transportation.

Like you can show that your car is being used for transporting goods from one place to another, or its being used to pick up and drop the company's employees, or other similar purposes.

And, if you own more than one car, then this technique is surely going to benefit you a lot, as then you can show that all your cars are being used for company's work, and you will save a greater value of tax.

Often you are not even fooling anybody as you need to use the car a lot more when you are working than when you are not. So using the car to show travel expenses is a clever and clean idea indeed.

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