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Buying livery car for work - Benefit in kind tax

  • 23-03-2017 4:48pm
    #1
    Closed Accounts Posts: 2,520 ✭✭✭


    Hi ,

    Not sure if this is the place for this. if not please move

    I am looking at a new car for work, but someone had said to me before if you have a car with company signage on it you dont get stuck for benefit in kind

    I would be looking at a normal estate car, five seats and all that, but does anyone know if having the signage on it means you dont get BIK?

    Thanks


Comments

  • Registered Users, Registered Users 2 Posts: 544 ✭✭✭SBPhoto


    BIK only apples if you work for a company that supplies you with a Company Car. If you are self employed then the Car is part of the cost to you if sole trader, BIK don't apply in this case.Might be open to correction


  • Registered Users, Registered Users 2 Posts: 12,712 ✭✭✭✭R.O.R


    There is no exception on BIK for having graphics on a vehicle.

    If you have personal usage of the vehicle you are subject to the relevant rates of BIK for the vehicle type.


  • Closed Accounts Posts: 2,520 ✭✭✭allibastor


    Thanks for the reply guys!


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