TYPICAL EXAMPLE FOR A BMW 218d M SPORT COUPÉ AUTO.
|Tax year to 5th April||2018/2019||2019/2020||2020/2021|
|Benefit in Kind||£8,850.80||£9,799.10||£10,115.20|
|Tax Payable at 20%||£1,770.16||£1,959.82||£2,023.04|
|Tax Payable at 40%||£3,540.32||£3,919.64||£4,046.08|
(BIK Example liable to change dependent on vehicle options)
Contact Barretts BMW Ashford | 01233 224867
Contact Barretts BMW Canterbury | 01227 931000
|Terms of Agreement||Monthly Rental||Payment Profile||Initial Rental||Annual Mileage||Excess Mileage|
|36 months||£303.18||6 + 35||£1,819.08||8,000 miles||7.89 ppm|
*Plus initial rental of £1,819.08. Offer available to business users only. Figures exclude VAT. Based on a 36 month Contract Hire agreement for a BMW 220i M Sport Coupé with a monthly rental of £303.18 plus VAT, annual mileage of 8,000 miles and an excess mileage charge of 7.89 pence per mile plus VAT. Offer valid until 29/07/2019 (subject to availability). Vehicle condition charges may apply at the end of your agreement. Subject to status and in the UK only (excl. the Channel Islands). Individuals must be 18 or over. A guarantee may be required. The amount of VAT you can reclaim depends on your business VAT status. Rentals may change if VAT rate changes during agreement. Hire provided by BMW Group Corporate Finance. BMW Group Corporate Finance is a trading style of Alphabet (GB) Limited, Alphabet House, Summit Avenue, Farnborough, Hampshire, GU14 0FB. Offers valid at the time of upload and liable to change.