Tax Breaks!

Date Published: 09 June 2010

Changes to the 'Finance Act' allow for new motorcycles to be treated as 'plant & equipment' for business users and the self employed who use a bike in the course of their work or business. 100% of the cost of a new bike can be offset against their business in the first year. 40% tax payers save the most and with the VAT re-claim, the total savings can amount to approx' 45% saving off the cost of a new Harley-Davidson! How good is that! The sales team have all the details and would love to hear from you.