I understand possibly incorrectly the taxman will let your company buy you a bike and not tax you on it but I know little more. Seems like a good idea especially as I am VAT registered.
Anybody know the gory detail ? Does it have to be used to go to work (which is often home for me)? Does this extend to cycling equipment in general ?
I understand possibly incorrectly the taxman will let your company buy you a bike and not tax you on it but I know little more. Seems like a good idea especially as I am VAT registered.
Anybody know the gory detail ? Does it have to be used to go to work (which is often home for me)? Does this extend to cycling equipment in general ?
Jon
You want to look at google groups for discussions about this. There have been plenty of them. -- Michael MacClancy