Want to Purchase Commercial Vehicle through Ltd Company

Hi All,

I hope you are well and happy.

Question for you all, I need to buy a vehicle for conducting business activities, visiting site, meetings etc.

I want a vehicle with 5 seats for the following reasons;

1. Its a professional service and I think a 5 seater, car, jeep etc. is more in keeping with the genre of the services.
2. It may be necessary to visit site and meetings and bring clients with me so more than one spare seat would be necessary.

I am aware of BIK taxation and I do not want to get involved with this, the purpose of the vehicle would be almost always be for business use.

So, it it possible for me to buy a 5 seater (Car, jeep etc.) through the business and tax it and ensure it through the business also.

Thanks All and happy new year.

Yes, the Limited company can buy a car. The company can then pay the car tax, insurance, NCT and maintenance.


You are aware of BIK but I will just include this table as this will be what is applicable:

You will have to park the vehicle outside 'the works' at night, if it goes home BIK is payable. If the works and home are the same address Revenue will deem it as going to your home.

Tom Brady said:

I am aware of BIK taxation and I do not want to get involved with this

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Well, surely you'll have to get involved with it if you're ever using the vehicle for non work purposes?

Tom Brady said:

the purpose of the vehicle would be almost always be for business use.

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Every pub and restuarant seems to be doing this now as well. Difficult to see the business use.

JoeRoberts said:

Every pub and restuarant seems to be doing this now as well. Difficult to see the business use.

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The pub owner nearest to me has for years owned a branded minibus to drive his customers home.

Thanks, so if I had a Van or a Crewcab it sounds like I'd save myself headache. It would be for business use

Tom Brady said:

Thanks, so if I had a Van or a Crewcab it sounds like I'd save myself headache. It would be for business use

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Crewcabs are cars for BIK purposes, AFAIK (i.e. unless something has changed in the last couple of years).

The crewcab could not have rear doors or rear seats. At that stage it's basically a van anyway!

Probably best to run this idea by your accountant and/or a tax expert if necessary.
No point in doing something that might have unexpected implications for your business (and possibly also personal) tax affairs.

Thanks all, got confirmation of accountant. If anyone wants to know, let me know and Ill paste it in