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BIK on short term rental

xabi · 2016-03-30 14:04:16

If a company director hires a car using the company Credit Card would there be any BIK owed? eg. Director spends a week on business in the UK and hires a car for the duration.

30-03-2016 2:04pm

#1

xabi

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If a company director hires a car using the company Credit Card would there be any BIK owed? eg. Director spends a week on business in the UK and hires a car for the duration.

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Comments

#2 30-03-2016 2:47pm

barneystinson

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xabi wrote: »

If a company director hires a car using the company Credit Card would there be any BIK owed? eg. Director spends a week on business in the UK and hires a car for the duration.

No, as long as it's a legitimate business trip and any personal use is purely incidental.

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