Company bikes, a little summary

No, I hadn't talked to Wik about this despite Adie giving me some
contact details. Instead I emailed my accountant, who came up with a
spreadsheet and some advice.

Basically, it seems to be more advantageous to have a company bike if
you do relatively few miles and have high repair costs (based on buying
a fairly cheap bike like my K1100LT). The more miles you do the more you
seem to gain by charging your company the mileage instead. With the
fairly high mileage I do, I'm around the crossover point where it's
better to not have a company bike. In my case, said point was around the
17k/year mark.

 

.... and I forgot to mention that with that kind of mileage, you can
pretty much forget about leasing a bike. Most companies don't want to
know if you're doing more than 6k/year and they certainly don't want to
know if you're doing 20k.

 

Suits you, sir.

 

Can't get the staff these days, I expected this post about five minutes
after I posted the summary...

Actually I don't qualify because I don't do relatively few miles.

 

I don't think the comment was about the miles ridden.

 

The trouble with talking to my H&S person is that it awfully looks like
I'm talking to myself...