D67 was talking about having it valued at point of transfer of ownership from company to director, which would be a separate one-off BIK event.The BIK is calculated on the Original Market Value of the car when it was first registered in the State. The current valuation has absolutely no bearing on the BIK computation
D67 was talking about having it valued at point of transfer of ownership from company to director, which would be a separate one-off BIK event.
If you don't buy it the value of the car is taxable and you will need to operate PAYE on it.