We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Company vehicle
dtough67
Posts: 2 Newbie
in Cutting tax
Hi. Does a double cab Nissan Navarro count as a ‘van’ for a limited company tax purposes, thanks in advance
0
Comments
-
Not enough info to go on.
You say "for a limited company tax purposes" but what does that mean? VAT? Corporation Tax? Employers NI/declaring BIK on a p11d?
Also you only say a nissan navara. There's no classification by make & model. It goes on detailed specification of each individual vehicle. One vehicle model might be classed as a double cab pick up (and therefore a van for income tax/ni purposes) but another may not meet the requirements and would be classed as a car.
What has your accountant said it should be classed as?You keep using that word. I do not think it means what you think it means - Inigo Montoya, The Princess Bride1 -
Some information here:
https://www.autoexpress.co.uk/vans/95748/double-cab-pick-up-truck-tax-benefits-explained
1 -
many thanks , all the information I needed in one place.1
-
Double cabs used to be a good option to minimise BIK. Electric car trumps that now, if it is an option.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
