2 company vans and BIK?

[adam thompson1981]

Hi.

I am a sole director operating from my home address (company is registered elsewhere)

I have a pickup truck for work, i use it personally so accept their is a BIK charge on this.

However i am about to get a second vehicle a van.

Now if i buy this through the company and use it solely for business use and insure it via the company for business use only would i still be liable for another set of BIK on this vehicle?

It genuinely is just for business use as the pickup will be used for personal.

Or is the fact its "available for use" mean i have to pay 2 lots of bik?

Would i be better just buying the second vehicle personally?

Thanks adam

 

[Cloud Accounting]

If its a van & its solely for us in the business there is no BIK.

PS incidental personal use you can usually get away with i.e. if you had to use it one day as your pickup had broken down.