BIK on Car When Not Used

Posted by alanmbrooke PM | on Sat, 21/04/2012 - 13:32 2784 12 comments | report

Client has company car for his exclusive personal use and pays BIK taxation on it. However, he travels overseas frequently, and car is not used for extensive periods (sometimes months at a time). Does the company car benefit still apply during those periods when the car can not be used because he is overseas?

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Yes

Euan MacLennan | Sat, 21/04/2012 - 13:40

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SORN

Steve Holloway | Sat, 21/04/2012 - 14:07

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SORN should be unnecessary

BKD | Sat, 21/04/2012 - 15:46

Sorry assumed OMB ....

Steve Holloway | Sat, 21/04/2012 - 15:58

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SORN won't work

Steve Kesby | Mon, 23/04/2012 - 09:41

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Company car unavailable

raychidell | Mon, 23/04/2012 - 11:16

@Ray

Steve Kesby | Mon, 23/04/2012 - 12:57

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Resources

raychidell | Mon, 23/04/2012 - 12:51

Taxes certainly don't have to be fair

Roland195 | Mon, 23/04/2012 - 12:52

alternatively

Tom 7000 | Wed, 25/04/2012 - 11:51

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Key word - Available

brian.barrett | Wed, 25/04/2012 - 15:30

At a recent course......

Swedish Chef | Thu, 26/04/2012 - 15:45

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