How could one expense the full cost of a car? If you're in the UK you may know that you cannot technically expense the full cost of a car, even if its a car purchased under a LTD. You can only expense part of it each year. But.... what if one bought a car as "research" and "unique content" for a micro niche site about that particular car. I would imagine the conversation going like this: HMRC: You tried to expense your new car! We caught you! IMer: Yes. I needed it for research and unique content for my micro niche site. It was a new business venture. HMRC: Nice try. You are in big trouble. IMer: Did you tax me on the 30p I made from the micro niche site? HMRC: Yes. Of course. IMer: Exactly. So I will expense the £10,000 investment it cost me to make that 30p. Your thoughts?