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Where is the best place to buy a bike (under tax scheme)

  • 20-04-2010 2:10pm
    #1
    engrish?
    Registered Users, Registered Users 2 Posts: 911 ✭✭✭


    Hey,

    I need a bike for getting around the city during work, also I am doing the conemara adventure (15k as part of a 26k journey) and I will need a bike then.

    I am self employed so I can claim the purchase, so I was wondering where is the best place for me to buy a bike? I want to get the best deal possible, as with everyone, funds are tight!

    Thanks!


Comments

  • #2
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,393 Admin ✭✭✭✭✭Beasty


    engrish? wrote: »
    Hey,

    I need a bike for getting around the city during work, also I am doing the conemara adventure (15k as part of a 26k journey) and I will need a bike then.

    I am self employed so I can claim the purchase, so I was wondering where is the best place for me to buy a bike? I want to get the best deal possible, as with everyone, funds are tight!

    Thanks!
    When you say you are self-employed, do you work for your own company (ie a separate legal entity, in which case the scheme can be used) or are you a sole trader (in which case it cannot)?


  • #3
    engrish?
    Registered Users, Registered Users 2 Posts: 911 ✭✭✭engrish?


    Beasty wrote: »
    When you say you are self-employed, do you work for your own company (ie a separate legal entity, in which case the scheme can be used) or are you a sole trader (in which case it cannot)?


    Ah, Sole Trader.... So there is no way of doing it?


  • #4
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,393 Admin ✭✭✭✭✭Beasty


    engrish? wrote: »
    Ah, Sole Trader.... So there is no way of doing it?
    Unfortunately not - you need to be a PAYE employee (and the costs of incorporating your business will far outweigh any benefits from the scheme)


  • #5
    engrish?
    Registered Users, Registered Users 2 Posts: 911 ✭✭✭engrish?


    Beasty wrote: »
    Unfortunately not - you need to be a PAYE employee (and the costs of incorporating your business will far outweigh any benefits from the scheme)


    Dang, thanks.


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