What zero road tax car?
Discussion
Am considering changing one of our cars and discovered that as I am in the first year of setting up my business I can put 100% of the cost of a Band A car down as an allowable expense (my understanding pre-checking it out with an accountant, am sure Eric Mc will be along to correct me if I've misunderstood), and can also claim VAT back. This means that I get a 20% saving (VAT) and then a 40% saving (as comes out of pre-tax profit) - fag packet calculations are that a £14k car will cost c£7k.
Commute is about 20 mins on open twisty roads, so prefer something nimble. Doesn't need to be big as we have the derv wagon to cart around the dogs and only allowed to use it for business purposes. Don't care about mpg as they're all going to be good, and similarly insurance is unlikely to break the bank.
So which one would you get if you were in my position?
Brand new fiesta 1.6tdci econetic looks interesting at £7k.
Commute is about 20 mins on open twisty roads, so prefer something nimble. Doesn't need to be big as we have the derv wagon to cart around the dogs and only allowed to use it for business purposes. Don't care about mpg as they're all going to be good, and similarly insurance is unlikely to break the bank.
So which one would you get if you were in my position?
Brand new fiesta 1.6tdci econetic looks interesting at £7k.
Baffled Spoon said:
Porsche 918 Spyder is only 70g/km Co2. Be quite good value if your half price calculations are right 
Unfortunately I don't earn enough money in the higher rate band, so it would dig into the lower rate band giving me only a 20% saving on some of it - I'm just not prepared to do that 
. Good potential saving for some people though!Gassing Station | General Gassing | Top of Page | What's New | My Stuff


