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How to choose a car for no BIK?
hi re BIK can you tell me what is the best commercial machine with seats that i can purchase (does not have to be new, even a couple of years old would be fine) can i purchase without having to pay BIK?
Our answer:
Hi Paul,
Generally speaking, there isn't one. Revenue's rules are pretty tight when it comes to BIK and it's more to do with the way the vehicle is used than the specific type of vehicle. You can find all the necessary details here: http://www.revenue.ie/en/tax/it/leaflets/benefit-in-kind/faqs/company-vehicles.html#car1
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