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Hi to all,
Can I deduct the cost of leasing a car from my taxable income? If I declare my lease in my tax return, do I pay less taxes?
Any tips and tricks here?
Thanks
Good day,
Leasing costs are not tax deductible. While the interest costs of conventional personal loans can be deducted from your taxable income, the rates you pay for a lease cannot.
Bet regards from Moneyguru
More information:
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