Bodgernbadger
New Member
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- Cambridge
I've done some searching around within the forum, and whilst gathered some useful information have yet to find the definitive answer I need.
I'm hoping to find some VAT registered,Ltd business owners or perhaps an accountant that can help who has already either researched or actually done what I would like to do.....
I am in the market for a Defender 90 2.4/2.2 TDI Hard Top and would preferably like to buy it through my own VAT registered LTD company as I "believe" that the Hard Top is classifed as a Light Commercial Vehicle (LCV) making it a tax efficient way of owning and running Landy!!
From a Vehicle Excise Duty (VED) classified as a N1 vehicle the 90 is eligible for the cheaper road tax (please correct me if i'm wrong!) although a view of V5 of any 90 i've been advised is advisable!
BUT, does HMRC recognise a 90 Hard Top as a car or commercial vehicle from a Benefit in Kind Tax perspective??
Appreciate any assistance in helping to get my "do I", "don't I" conundrum put to rest once and for all!
TIA!
Andy
I'm hoping to find some VAT registered,Ltd business owners or perhaps an accountant that can help who has already either researched or actually done what I would like to do.....
I am in the market for a Defender 90 2.4/2.2 TDI Hard Top and would preferably like to buy it through my own VAT registered LTD company as I "believe" that the Hard Top is classifed as a Light Commercial Vehicle (LCV) making it a tax efficient way of owning and running Landy!!
From a Vehicle Excise Duty (VED) classified as a N1 vehicle the 90 is eligible for the cheaper road tax (please correct me if i'm wrong!) although a view of V5 of any 90 i've been advised is advisable!
BUT, does HMRC recognise a 90 Hard Top as a car or commercial vehicle from a Benefit in Kind Tax perspective??
Appreciate any assistance in helping to get my "do I", "don't I" conundrum put to rest once and for all!
TIA!
Andy