Reply to post: Re: If it was tax-deductible as a capital asset

Land Rover Defender dies: Production finally halted by EU rules

Voland's right hand Silver badge

Re: If it was tax-deductible as a capital asset

It is tax deductible

Weird. The rules when I was buying my pickup were load based for things that are not an obvious van. Based on the explanation from Isuzu, you had to be able to carry 1 ton to be classified as a commercial. No ifs, no buts, no coconuts. I still ended up paying all of it and VAT as I bought it private at the end of the day, but I did the checks.

So by that rule most sane Defender models do not qualify:

All 90-es do not qualify unless they are in an obvious "2 seats and no windows" van incarnation. The 110 station wagon does not qualify either, you need to have the "obvious" pickup version of the 110 for that or 130-es which are as rare as a white swallow. I cannot think of when I saw one recently.

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