PDA

View Full Version : Caravans


EnginEar
20th April 2009, 16:46
Hi all,

Can my limited company buy static caravans as investments? If so what would be the BIK if I used it myself? Is it just market rate test?

Do I need to let the caravans out for a certain period for it to count as a geuine investment opportunity?

Do I depreciate the caravans or amortize the investment in them?

Am I overthinking the problem here?

elainec100@cheapaccounting
20th April 2009, 17:34
yes it would be a BIK