Whether you are considered for paying BIK tax on a company car (and a car hired by the company is a 'company car') is about whether the car was AVAILABLE for personal use, irrespective of whether you use it or not. You'd struggle to convince Her Majesty's Robbing C... that it was a pool car if you are a one person limited company and it was parked on your drive all weekend whilst your own private car was in the garage for repairs.
As an example, if I had a company car available for private use, I pay BIK for all 365 days of the year, not just for the days I actually use it.
The magical words are "wholly and exclusively".
As an example, if I had a company car available for private use, I pay BIK for all 365 days of the year, not just for the days I actually use it.
The magical words are "wholly and exclusively".
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