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 03:04PM

#1

xabi

Registered Users, Registered Users 2 Posts: 3,029 ✭✭✭

Join Date: November 2004

Posts: 2705

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.

0

Comments

#2 30-03-2016 03:47PM

barneystinson

Registered Users, Registered Users 2 Posts: 4,686 ✭✭✭

Join Date: April 2010

Posts: 4606

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.

0