Quote:
Originally Posted by eternal optimist
The OP runs his own company by the look of it.
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Yes that's right. According to HMRC rules, the XC40 Twin allows for First Year Allowance which means the entire cost can be expensed. Typically, a company car cost is only allowed a Writing Down Allowance (a percentage like depreciation but % decided by HMRC based on emissions). This is what makes the XC40 Twin attractive as well as the lowish BIK tax as well.