Would you pay £500,000 for this? Classic car dealer spends more than half a million pounds on personalised number plate |
Well if he don't spend the money on a plate then the taxman will grab his money ! The plate cost will be an allowable expense, in his accounts, as it will be on a company car. No doubt, his business adverts will include pictures of the plate, on a car.
Also the plate obviously has a value and will therefore be considered as a company asset in accounts.
So really,as he has the money,it is a great deal for him!!
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