Company Car Tax / BIK - VW Transporter Kombi
Discussion
I have my own limited company and I was thinking of buying a new VW Transporter Kombi van for both business and some private use. As its a Kombi van (basically means it has a second row of seating and windows opposite these seats) it looks like it might be in a grey area.
The DVLA class it as a van i.e. van RFL and has LGV & class N1 type approval on the V5C reg document. The VAT man allows the company to reclaim all the vat on the purchase (business cars are only 50% I believe). I have heard a rumour that since the 5th April 2015 the company car tax arm of the HMRC see it as a car and want to tax it as such (the costs go up massively on my income tax and fuel benefit and rules it out).
Are there any tax buffs on here that can offer me some advice please? I'm wanting to know if I purchase a new VW Transporter Kombi van whether it is going to be classed as a van or a car!
I'm also wondering that if I ever get stopped by Mr Plod for doing in excess of 50mph I can turn around and say that it is classed as a car and I am allowed to do 60mph!
Yours bewilderingly!
Ta
Ross
The DVLA class it as a van i.e. van RFL and has LGV & class N1 type approval on the V5C reg document. The VAT man allows the company to reclaim all the vat on the purchase (business cars are only 50% I believe). I have heard a rumour that since the 5th April 2015 the company car tax arm of the HMRC see it as a car and want to tax it as such (the costs go up massively on my income tax and fuel benefit and rules it out).
Are there any tax buffs on here that can offer me some advice please? I'm wanting to know if I purchase a new VW Transporter Kombi van whether it is going to be classed as a van or a car!
I'm also wondering that if I ever get stopped by Mr Plod for doing in excess of 50mph I can turn around and say that it is classed as a car and I am allowed to do 60mph!
Yours bewilderingly!
Ta
Ross
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