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Company car

Green&Red · 2020-01-15 11:18:04

Hey, The engine is gone in my wife's car, not dead but in its death throes. We have a limited company together for my work, both directors but I do all the work we invoice for. Is it possible for us to buy a car for her through the company? Its an electric car we're looking at, avoid BIK and all that

15-01-2020 12:18pm

#1

Green&Red

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Posts: 11267

Hey,
The engine is gone in my wife's car, not dead but in its death throes.

We have a limited company together for my work, both directors but I do all the work we invoice for. Is it possible for us to buy a car for her through the company?
Its an electric car we're looking at, avoid BIK and all that

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Comments

#2 17-01-2020 12:55am

coylemj

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Join Date: October 2006

Posts: 24993

You need to ask your accountant, this is a tax rather than an insurance issue.

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