Martinl
Well-Known Member
- First Name
- Martin
- Joined
- Aug 12, 2020
- Threads
- 2
- Messages
- 55
- Reaction score
- 72
- Location
- Belfast
- Vehicles
- Taycan 4s
This is correct and I've had it verified via our FD and auditors. The core savings are on the tax via the full capital allowance enjoyed by electric vehicles at the minute. The current low BIK also makes owning the vehicle in a company scenario very attractive.No you can only claim half the vat if you are leasing "contract hire" and in this case you cannot claim capital allowances.
Frankly the PCP leasing model with the capital allowance in conjunction with the BIK incentives make this a complete no brainer. I'd never have considered a car this expensive except for the tax advantages.
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