Minotaur clean
Active member
- Messages
- 28
You know what it's like, tfl give you £5,000 for one van You put £15k into a Ulez compliant van, You keep your spare van because they're only allow one van per application , And miraculously more money comes out and they offer now £7,000 for a van which is worth £1,500 ,
You need a spare vehicle so technically speaking they're not really given me anything extra a Ulez van is over 7k anyway.. The only way I would benefit is cash in buy another van for £2,000 because this is only used very occasionally and then pocket the other 5000 minus maybe another £500 set up so potentially 4,500 plus time wasting etc call it 500 so it's probably 4,000 best case.. But I still have a **** van as a second van.. It would be as if somebody's given £4,000 which is a nice little touch I hardly ever have had anything like this in my life always working for it!
Or live the dream ? Porsche Cayenne set up in the back probably need a custom tank not sure put the £7,000 towards a £20,000 vehicle have a Porsche badge be a bit of a gimmick customers looking at you unexpectedly lol , I would only need about 250 l max because on those off days we could just traditional clean downs!
It's got quite a massive boot area any ideas what sort of tank I would need it to be removable fairly easily as well.
Has anybody done this before?
Years ago like most I used a car obviously it was an expense at the time but now being limited can you put a car through as a workhorse?
I mean it will be parked most of the time and only used once a month! Of course popping down the gym with it occasionally running it down a little bit of insignificant use just to make sure the engine doesn't seize would be the sweetener compared to an old van I'm hardly going to use ?
It would feel pretty cool yes I will have to put down a lot more company money for it rather than make £4,000 or buy a van which will end up costing more probably 9,000 so an extra 2,000.. or an extra 13,000 call it 14,000 And we have this incredible vehicle?
Obviously haven't had a chance to ask my accountant yet but I wanted to see what everyone thinks over here, I'm kind of hoping he doesn't say NO I think it will be quite a niche and probably attract customers end of the day it's a smart looking vehicle! Is it allowed that's the main thing.
Will there be any private use yes but this is something I can cross and it will probably be just once a year for that trip to Europe.
so I could work out an arm's length rental amount And run it through my accountant.
Do you think this is a good idea bad idea ?
I was looking at the ranger legitimately VAT deductible truck as well and no problems going through and it is pretty smart as well
However it is heavier on fuel It is! And it does cost about the same a 2017 Vs a 2015 Porsche Cayenne, But it's the heavier running costs which actually made me realise I can get really good fuel economy and have a Porsche badge
So can it be done car as a work vehicle offset from corporation tax talk to me ?
You need a spare vehicle so technically speaking they're not really given me anything extra a Ulez van is over 7k anyway.. The only way I would benefit is cash in buy another van for £2,000 because this is only used very occasionally and then pocket the other 5000 minus maybe another £500 set up so potentially 4,500 plus time wasting etc call it 500 so it's probably 4,000 best case.. But I still have a **** van as a second van.. It would be as if somebody's given £4,000 which is a nice little touch I hardly ever have had anything like this in my life always working for it!
Or live the dream ? Porsche Cayenne set up in the back probably need a custom tank not sure put the £7,000 towards a £20,000 vehicle have a Porsche badge be a bit of a gimmick customers looking at you unexpectedly lol , I would only need about 250 l max because on those off days we could just traditional clean downs!
It's got quite a massive boot area any ideas what sort of tank I would need it to be removable fairly easily as well.
Has anybody done this before?
Years ago like most I used a car obviously it was an expense at the time but now being limited can you put a car through as a workhorse?
I mean it will be parked most of the time and only used once a month! Of course popping down the gym with it occasionally running it down a little bit of insignificant use just to make sure the engine doesn't seize would be the sweetener compared to an old van I'm hardly going to use ?
It would feel pretty cool yes I will have to put down a lot more company money for it rather than make £4,000 or buy a van which will end up costing more probably 9,000 so an extra 2,000.. or an extra 13,000 call it 14,000 And we have this incredible vehicle?
Obviously haven't had a chance to ask my accountant yet but I wanted to see what everyone thinks over here, I'm kind of hoping he doesn't say NO I think it will be quite a niche and probably attract customers end of the day it's a smart looking vehicle! Is it allowed that's the main thing.
Will there be any private use yes but this is something I can cross and it will probably be just once a year for that trip to Europe.
so I could work out an arm's length rental amount And run it through my accountant.
Do you think this is a good idea bad idea ?
I was looking at the ranger legitimately VAT deductible truck as well and no problems going through and it is pretty smart as well
However it is heavier on fuel It is! And it does cost about the same a 2017 Vs a 2015 Porsche Cayenne, But it's the heavier running costs which actually made me realise I can get really good fuel economy and have a Porsche badge
So can it be done car as a work vehicle offset from corporation tax talk to me ?