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Buying EV when sole trader

  • 13-06-2020 8:07am
    Registered Users Posts: 3,126 ✭✭✭ carsfan2

    Can any of you regular posters enlighten me as to if it is possibe for a self employed sole trader to buy an EV through the business as a company car and run it paying zero BIK bearing in mind I do minimal mileage for business and car would really be a commuting tool.
    I know there is a 50k cap on the car.
    I have asked my accountant who really is not giving me a straight answer as I think hasn't done it before so is wary.
    Anybody here done this and are there any pitfalls?
    I have looked at revenue website and can't see where I can't do this.