Thursday August 13, 2020

Move quickly to buy a bargain business SUV

Time is running out for a commercial vehicle tax loophole

17th June, 2018

A press release from Volkswagen this week served as a reminder that the current tax loophole that allows certain perfectly normal five-seat SUVs to be registered as ‘N1’ commercial vehicles is about to be closed. This may also have gone unnoticed by business buyers planning on buying such cars later in the year, and the savings are considerable, so it’s worth looking into.

As it stands, the new purchase price of...

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