New toy:D
03 January 2008, 11:35 AM
#1
New toy:D
Just got my new truck, can't wait to the forecasted snow now
I'll be getting a fuel card soon, so with the money I'll be saving for insurance, tax and fuel, not to mention selling the Golf, I could be in another Scoob soon
I'll be getting a fuel card soon, so with the money I'll be saving for insurance, tax and fuel, not to mention selling the Golf, I could be in another Scoob soon
03 January 2008, 12:26 PM
#4
Don't forget to allow for the extra tax the tax man will take from you for the benefit of having said company vehicle and fuel card. 
Pick-ups used to be virtually exempt but I'm sure that is changing or may have already changed for pick-ups with 4 doors and 4 - 5 seats. They will be taxed the same as a car.
If you do a lot of miles in it, it will still be cheaper than running your own vehicle, especially when you add in the cost of servicing etc.
Pick-ups used to be virtually exempt but I'm sure that is changing or may have already changed for pick-ups with 4 doors and 4 - 5 seats. They will be taxed the same as a car.
If you do a lot of miles in it, it will still be cheaper than running your own vehicle, especially when you add in the cost of servicing etc.
03 January 2008, 12:37 PM
#5
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nice one paul
whats your first mod going to be
maybe we should have a mini meet for double cabs
BTW fozzy
the rules have changed for the better
as long as the truck can carry over 1 ton
its classed as a commercial
no tax liability at all even with fuel card and private mileage
budgie
whats your first mod going to be
maybe we should have a mini meet for double cabs
BTW fozzy
the rules have changed for the better
as long as the truck can carry over 1 ton
its classed as a commercial
no tax liability at all even with fuel card and private mileage
budgie
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03 January 2008, 08:33 PM
#8
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nice one paul
whats your first mod going to be
maybe we should have a mini meet for double cabs
BTW fozzy
the rules have changed for the better
as long as the truck can carry over 1 ton
its classed as a commercial
no tax liability at all even with fuel card and private mileage
budgie
whats your first mod going to be
maybe we should have a mini meet for double cabs
BTW fozzy
the rules have changed for the better
as long as the truck can carry over 1 ton
its classed as a commercial
no tax liability at all even with fuel card and private mileage
budgie
Pete,
we need to talk, after we spoke about this at golf, i spoke to my accountant yesterday and he still stated that there is tax to be paid, if using for private use, see link
Mitsubishi-Motors/New L200 - Van Tax
If you know how to get round this then L200 Animal here I come!
03 January 2008, 08:43 PM
#9
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Pete,
we need to talk, after we spoke about this at golf, i spoke to my accountant yesterday and he still stated that there is tax to be paid, if using for private use, see link
Mitsubishi-Motors/New L200 - Van Tax
If you know how to get round this then L200 Animal here I come!
we need to talk, after we spoke about this at golf, i spoke to my accountant yesterday and he still stated that there is tax to be paid, if using for private use, see link
Mitsubishi-Motors/New L200 - Van Tax
If you know how to get round this then L200 Animal here I come!
now i pay nothing
i will look into it but then again
how do you define private use
i see myself as permanently on call
tools are always with me when i drive the truck
thats why the golf clubs were on the back seat
(sorry to mention the golf day)
this may be hard for paul to prove but in your position
i see you having no problems at all
after 6 years of double cab ownership i still find this the most
tax friendly method for me
let me know if you need to know more neil
budgie
03 January 2008, 09:00 PM
#10
i used to pay £500 off tax code for all in
now i pay nothing
i will look into it but then again
how do you define private use
i see myself as permanently on call
tools are always with me when i drive the truck
thats why the golf clubs were on the back seat
(sorry to mention the golf day)
this may be hard for paul to prove but in your position
i see you having no problems at all
after 6 years of double cab ownership i still find this the most
tax friendly method for me
let me know if you need to know more neil
budgie
now i pay nothing
i will look into it but then again
how do you define private use
i see myself as permanently on call
tools are always with me when i drive the truck
thats why the golf clubs were on the back seat
(sorry to mention the golf day)
this may be hard for paul to prove but in your position
i see you having no problems at all
after 6 years of double cab ownership i still find this the most
tax friendly method for me
let me know if you need to know more neil
budgie
Plus there's "Plant Maintenance" sign written on the back
04 January 2008, 08:31 AM
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04 January 2008, 10:46 AM
#17
I think I still get taxed £500 for my company pick-up. 
With mine they allow driving to and from my usual place of work as business miles and is not classed as private use.
With mine they allow driving to and from my usual place of work as business miles and is not classed as private use.
04 January 2008, 04:24 PM
#18
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Neil .. I Think you find it is slightly different for us " Bona Fida " Subcontractors , Sole trader types
P.A.Y.E. Pete With a tax code
P.A.Y.E. Pete With a tax code
04 January 2008, 05:34 PM
#19
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Think i'm with baldie Pete, i'm a P.AY.E. employee of a Limited company (I just happen to own the Ltd Company
)Still need to understand how that works then confirm with my accountants that I can do the same.
Mind you, there would still be the issue of convincing Andrea to drive the Animal.
04 January 2008, 06:37 PM
#21
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Think i'm with baldie Pete, i'm a P.AY.E. employee of a Limited company (I just happen to own the Ltd Company
)Still need to understand how that works then confirm with my accountants that I can do the same.
Mind you, there would still be the issue of convincing Andrea to drive the Animal.
glad to hear you are like me
not one of these scumbag subbys
abusing the system pretending to be bonafide
budgie
04 January 2008, 07:50 PM
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