Not sure what your original question was but assume it related to tax.Finally had a response from Ineos (3 weeks of asking) completely non commital as expected I guess.
Michael, so have you gone for the 5 seat or 2 seat variant ? I went 2 seat so it it very much like the defender hardtop which I use and is ok with being Bik. Cheers Olly.It seems to me there is some risk taking the N1 5 seat for private use regarding BIK and until tested against HMRC. My accountant says that VAT reclaim is no problem and that he thinks that BIK should be OK. Currently I run a base 2018 Hilux DCPU and declare it as no private use - my business is a company and I have a company car which is my wife's daily driver. I also have three privately owned cars for my own use which collectively do more miles than the Hilux. However my accountant is less bullish about taking no private use on the Grenadier on the basis of its high purchase price despite the working specification I have ordered. (Non metallic paint, side panels, hard and soft packs, towbar, raised air intake, roof bars.)
The BIK risk seems to be that HMRC make decisions inconsistently. My understanding of the Coca-Cola case, although it is a while since I read up on it, was that HMRC accepted 5 seat Vauxhall Vivaros as commercial vehicles but not VW T5s for BIK purposes.
I think the main pee take was the double cab pickups that everyone was using. Most never saw anything more that a set of golf clubs in the back.Will you keep a log book and record all mileage? I can't see you having an issue if it's all genuine no private use and your records back it up accordingly.*
* Famous last words when HMRC are involved.**
** To be fair to them, too many people have been ripping the piss out of BiK for too long.
I have a 5 seat on order. Interestingly I am not sure that the 2 seat technically satisfies the rules for VAT reclaim because it still has glass behind the driver's door. The HMRC guidelines say that the windows should be opaque or filled in and the seat mounts put beyond use by welding or fitting special bolts that shear off in the mounts. I have looked at Defender 110 commercial and again keeping the specification relatively modest compares price wise with the Grenadier.Michael, so have you gone for the 5 seat or 2 seat variant ? I went 2 seat so it it very much like the defender hardtop which I use and is ok with being Bik. Cheers Olly.
Last night I suddenly had a real panic as on some other threads people were only talking about the 5 seat station wagon.I have ordered a 5 seat utility wagon, I need to get the VAT back. Its over £10k!
Does this mean that Ineos may only produce Trialmaster/Fieldmaster versions proportionate to the number of Commercials being sold?I believe there is a rule that EU car manufacturers are not allowed to sell cars with large engines in large quantities, unless they are hybrids. IG are getting around this by selling commercial versions of the Grenadier. https://www.autocar.co.uk/car-news/business-dealership,-sales-and-marketing/why-van-versions-ineos-grenadier-help-co2-rules
My order states the number of seats and the VED rate would indicate that it’s a commercial version. Maybe contact your dealer and get them to send a pdf of your order as there is more detail on this than the online order summary View attachment 7802298View attachment 7802299
In the U.K. 6000 total of which 1700 M1 and 4300 N1 as a small volume producer as I understand it.Does this mean that Ineos may only produce Trialmaster/Fieldmaster versions proportionate to the number of Commercials being sold?
That was my understanding but I was told 6000 total but only 1600 Fieldmaster. Whether that means 1600 Fieldmaster + 100 Trialmaster, or 1600 type M1. Probably losing something in the translation, either way it is circa 1600-1700 M1s and 6000 total.In the U.K. 6000 total of which 1700 M1 and 4300 N1 as a small volume producer as I understand it.
I was under the impression that the trail master was more popular so I question the split of the 1700, I also wonder where year end is 5th April? or Dec 31st. if its April there could be a lot more 2023 cars.That was my understanding but I was told 6000 total but only 1600 Fieldmaster. Whether that means 1600 Fieldmaster + 100 Trialmaster, or 1600 type M1. Probably losing something in the translation, either way it is circa 1600-1700 M1s and 6000 total.
I don't think there is a split I just think the figure is 1600 (or 1700) type M1. you're right the issue is the year end. I thought the automotive industry had Dec 31st, in which case IA has missed an opportunity!I was under the impression that the trail master was more popular so I question the split of the 1700, I also wonder where year end is 5th April? or Dec 31st. if its April there could be a lot more 2023 cars.