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Earl Said:

Should my motor trade Insurance bill be categorized under my business expenses or personal?

We Answered:

It doesn't matter if you are a sole trader, but my choice will be under business expenses.

Kent Said:

Motor Trade insurance policy help?

We Answered:

J G strikes again!
If stopped by the Police they would find no insurance for the car for him on the MID. They would then want to know who he was insured through and they would then phone the insurer to check it out there and then.
If he goes through an ANPR check or an ANPR equipped police car flags the car up as possible no insurance then they will stop it. If he has no insurance the inconvenience will get worse as they will impound the car.
The motor trade policy could be for social as well as trade use so he could well be insured

Judy Said:

Does a business owner have a co-payment when filing against insurance for damages?

We Answered:

I don't think it's illegal.

Yes, there will be a deductible, for damage to someone else's car.

Jill Said:

Can you use motor insurance payments as expenditure on a tax return?

We Answered:

Yes if you are self employed or have a business ,but I don't know if its just a percentage that can be claimed for.
I think things have changed over the last few years,but you enter the whole amount.

Clifton Said:

Motor Traders Insurance for a New Driver?

We Answered:

carinsurance.yoll.net - check this one. As I remember they have lowest car insurance rates for teens and young drivers.