With the new AIA rules, I assume that a scooter purchased and given for the use of an employee therefore being charged as a benefit under the 20% rule therefore becomes just another asset and the full amount can be claimed as AIA. Can anyone confirm this as scooters seem to be out of the system everywhere I look. Also, as the scooter is not a vehicle, but does have private use, can VAT be reclaimed?
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The AIA rules exclude cars (CAA S38B)
and in S81 the definition of a car is found to include motor cycles. (Am assuming the scooter is "mechanically propelled"!)
Vat is not blocked because for Vat purposes a car has 3 or more wheels, and private use would not arise in the case of an employee.
Chris
Motorcycles are not longer cars
From 1 April 2009 (6th for IT) motorcycles are no longer classified as cars.
This is presumably because they do not calculate CO2 on bikes. It has also been confirmed that they will therefore qualify for AIA so depending on the purchase date you may be able to get full relief in the year of purchase.
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So is this correct:
I can now buy a scooter or motor cycle, through the company, I will get AIA on it and can claim back the VAT.
I can use it personal use what would be the BIK based on if no co2 computations?
Thanks
