Company Motor Bike

Posted by Anonymous PM | on Thu, 08/02/2001 - 11:09 838 3 comments | report

Trackday

Is there a schedule E benefit on a Company Motor Bike similar to those for company cars?

Would it be taxed under the "company asset for private use" provisions i.e. 20% p.a?

Could the Company reclaim the VAT on the purchase?
Simon

Comments

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Cotswold | Mon, 12/02/2001 - 11:35

AccountingWEB | Fri, 09/02/2001 - 15:13

Paul Scholes | Thu, 08/02/2001 - 16:29