Company Motorbike

[Crossroads]

Whilst waiting for my accountant to e-mail me back...does anyone here run a bike through their company?

If so, would you be so kind as to summarise the tax implications (BiK etc?)?

Also, who do you insure with? I've just tried a couple of brokers and they only cover personally owned vehicles...

TIA

[r0bly0ns]

I don't use a bike, but I have looked into it a bit.

The mileage rate you can pay for a bike without attracting BIK taxation is much lower than for a car.

But personally, I decided against it as bikers can have a certain image in peoples minds. I know it's unjustified but it happens....

[Red 7]

I decided against it as bikers can have a certain image in peoples minds. I know it's unjustified but it happens....

Yes, you're right. But is it necessarily a negative image? Only if you turn up at a meeting and chuck your Sidi's on the desk.

The MD of my 'best' client rides a fireblade... so for me at least, biking is the new golf

[r0bly0ns]

Yes, you're right. But is it necessarily a negative image? Only if you turn up at a meeting and chuck your Sidi's on the desk.

The MD of my 'best' client rides a fireblade... so for me at least, biking is the new golf

Unfortunately that depends on who has the preconception.

In my experience more people have a negative image of bikers than positive, and personally I didn't want that to affect business.

However if you know your clients are bikers then I would be very tempted when the weather is like today......

[Sockpuppet]

Why dont you want your clients to percieve you as extremely fertile and able to impregnate thier daughter from 20 yeards with just a look?

[Red 7]

Why dont you want your clients to percieve you as extremely fertile and able to impregnate thier daughter from 20 yeards with just a look?