Ducatisti Forum - View Single Post - Insuring company registered bike in your name?

**Sorted** · 16 Apr 08, 06:31 PM

I did but that was back in 1998 on a 996SPS (don't know if that can be done now).

Also, let the company buy the bike and was able to claim back the Vat!!
My accountant said that anything with 3 wheels or less (but also our vans) were able to have the Vat claimed back, as long as I could demonstrate that it was used for company business.

I could of course

cuz used it to go to some surveys and meetings etc in London, to avoid the traffic hassles of taking the car.
The company also supplied Crash Helmet, Leathers etc etc for the safety of the Director using the bike and even a couple of track days (well they went down as Training Days)!
Road Tax, a few extras, servicing...................

After 3 years I bought it off the company (well voted it to myself as a dividend actually) at a VERY reasonable price! Cuz my friendly dealer gave me a valuation which reflected its poor condition (Not)!

16 Apr 08, 06:31 PM	#2 (permalink)
Sorted Super Bike Hero Join Date: Feb 2008 Location: Ely Cambridgeshire Posts: 770 Sorted's Gallery Bike: 2007 Ducati 1098s T	I did but that was back in 1998 on a 996SPS (don't know if that can be done now). Also, let the company buy the bike and was able to claim back the Vat!! My accountant said that anything with 3 wheels or less (but also our vans) were able to have the Vat claimed back, as long as I could demonstrate that it was used for company business. I could of course cuz used it to go to some surveys and meetings etc in London, to avoid the traffic hassles of taking the car. The company also supplied Crash Helmet, Leathers etc etc for the safety of the Director using the bike and even a couple of track days (well they went down as Training Days)! Road Tax, a few extras, servicing................... After 3 years I bought it off the company (well voted it to myself as a dividend actually) at a VERY reasonable price! Cuz my friendly dealer gave me a valuation which reflected its poor condition (Not)!