My wife is about to start her own business.
To do so she needs to buy a van. She has no provable income so I need to apply for the vehicle loan in my name, using my income.
Can she still use the van loan repayments as tax deduction if the loan (at least to the bank) is in my name?
To do so she needs to buy a van. She has no provable income so I need to apply for the vehicle loan in my name, using my income.
Can she still use the van loan repayments as tax deduction if the loan (at least to the bank) is in my name?