1. BIK
1.1. Car
1.1.1. Zero emission
1.1.1.1. 0%
1.1.1.1.1. 2% for 2023-24
1.1.2. Emissions no more than 50g/km
1.1.2.1. 2% to 14% for 2023-24
1.2. Van
1.2.1. Private use insignificant
1.2.1.1. £0 for 2023-24
1.2.2. Zero emissions
1.2.2.1. £0 for 2023-24
1.2.3. Other
1.2.3.1. £3,960 for 2023-24
2. Capital allowances
2.1. Car
2.1.1. 100% FYA
2.1.1.1. Electric
2.1.1.2. Zero emissions
2.1.2. 18% WDA
2.1.2.1. Emissions 50g/km or less
2.1.3. 6% WDA
2.1.3.1. Emissions >50g/km
2.1.4. No AIA, full-expensing or super-deduction
2.2. Goods vehicle
2.2.1. 100% FYA
2.2.1.1. Zero emissions
2.2.1.2. Exclusions apply
2.2.1.2.1. State aid
2.2.2. AIA
2.2.3. Full-expensing
2.2.3.1. [Spring Finance Bill 2023]
2.2.3.2. 100% FYA for new vans
2.2.3.3. Companies only
2.2.3.4. Expenditure incurred from 1 April 2023
2.2.4. 18% WDA
3. Hire costs
3.1. Emissions more than 50g/km
3.1.1. 15% disallowance
4. Approach
4.1. Understand the rules
4.2. Collect information
4.3. Perform calculations
5. VAT
5.1. Purchase of car
5.1.1. No recovery of VAT
5.1.1.1. Some exceptions - eg 100% business use
5.2. Rental of car
5.2.1. 50% recovery
5.3. Car repairs
5.3.1. Normal rules apply
5.4. Charge an electric car
5.4.1. Sole trader / workplace
5.4.1.1. Recover subject to adjustment where private use
5.5. Van
5.5.1. Recover subject to adjustment where private use