Tax Efficiency

Anthony S

New Member
Hello to all, a friend around the corner from me has bought a 60 plate panel van, removed the bulkhead, fitted a 2nd row of seats and Kombi Windows cut in. He says that he has to now re-register it with DVLA as a "panel van with windows" but this for tax purposes is still a std panel van.
So for legal tax efficiency purposes in the eyes of hmrc and an accountant, would this be classed as a std panel van or a now problematic tax-Kombi?
I'm looking at buying a Kombi or perhaps doing the same as described above. This would be registered under my company which would be used for company uses, but not a lot. My wife is a director of the company too.
Thanks for any advice you can offer.
Anthony.
 

Shaun Witts

Senior Member
VIP Member
T6 Guru
Search for BIK or VAT in this forum as there are several related threads or try the following link:

Bik, Combi Vs Panel Van

Get it wrong, and you could be setting yourself up for a huge tax bill in the future, but so many other people get away with it so what are the chances ...
 
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