Taxation - Electric Car
Posted: Thu Mar 08, 2018 7:23 pm
I am considering buying myself a new Zero emissions Electric Car through my business. It will not be used exclusively for business use.
Am I right in thinking that my business can claim 100% First Year Allowance on it even though it is not being used exclusively for business?
Am I right in thinking the P11D Benefit In Kind amount will be considered 13% of the List Price for 18/19; 16% for 19/20; 2% foe 20/21 and don't know beyond that?
Is there anything else I need to think about?
Am I right in thinking that my business can claim 100% First Year Allowance on it even though it is not being used exclusively for business?
Am I right in thinking the P11D Benefit In Kind amount will be considered 13% of the List Price for 18/19; 16% for 19/20; 2% foe 20/21 and don't know beyond that?
Is there anything else I need to think about?