Hi, may I ask, is MPV like Toyota Alphard / Vellfire Recond considered as Commercial vehicle? and allowed to claim the full Capital allowance over the years for company tax, if say purchase it for RM150,000?

Thanks for your reply T.T.C, much appreciated it and understand it now, seems like it is not feasible to make it a commercial car.

From my understanding, in this case, if buy recond car at RM150,000, the eligible Capital Allowance will only be RM50,000, and if the director is using the car, need to declare the benefit of using the car for income tax purpose. What will happen to the difference example RM150,000 - RM50,000 = the RM100,000 for company accounting/tax perspective?

is it not feasible/encourage to make it a company car, as only RM50,000 will be allowed for Capital Allowance, or did I miss other benefit/calculation that will benefit the business in tax?

Thank you very much

Thank you T.T.C. for your insight, will check with our accountant on the benefit of placing the car as company car. Have a nice weekend ahead