You'd pay bik on a new one via the business also
If that cash-flow advantage is significant in your business
A new one would be 125k ish.... so 19% = 23k tax saving.
But.... You'd pay bik on a new one via the business also.
I know the best thing to do is ask my accountant but he's not in work at 9.30pm lol... and this is running through my mind.
Do I buy a good second hand one personally like the above, run it for a couple years then change to a new one when bik is 2%, or just bide my time till good inventory stock becomes available.
Right now there is no new inventory (delivery miles), that is red with white interior.
I'm guessing you get 20k+ miles out of them
taxed at no more than 26%
No BIK as buying personally
unless you are doing mega business miles?
I've heard 90 battery's & range are 25% worse than 100's?
So if you're the sole owner of a limited company.... it's cheaper personally unless you are doing mega business miles? I'd be doing 8k per year probably as we've a few cars in the household.
What's a P85 or a 75 in which case?
That's to all the replies. They've been very helpful!