Good news for businesses! From the beginning of April, all Defender 110 Station Wagons bought with a free Utility Pack are classified as light commercial vehicles and you can therefore claim the VAT back if you are a business user.
The Utility Pack, which is a no cost option available on all three trim levels – base, County and XS – replaces the rear side windows of the standard station wagon with panelled sides, providing a secure load space area whilst still maintaining seating for five people. The utility allows the 110 Station Wagon to change classification from an M1 passenger carrying to N1 Light Commercial Vehicle. With a payload capability in excess of 1,000kg, the Defender 110 Utility Wagon also meets requirements to be classified as a light goods vehicle for VAT purposes should the usage be commercial.
Customers purchasing a Defender 110 Utility Wagon for commercial requirements can benefit from VAT reclaim, Benefit in Kind tax capped at £3000 for light commercial vehicles and an LCV rate of Vehicle Excise Duty (VED) – £185 from May 1, 2009.
John Edwards, UK managing director, Land Rover said: “The change in classification for the Defender 110 Utility wagon provides our business customers with a more flexible and cost-effective alternative to other double cabs. The Utility pack ensures a more secure load space whilst not affecting the vehicle’s ability to transport five people comfortably – making it an ideal workhorse.”
Prices for the Utility Wagon will start from £23,970.00 OTR (£20,874.78 exc. 15 per centVAT but including VED and £55 registration fee).
To search for Land Rover Defender 110 Utility Wagon leasing deals, visit ContractHireAndLeasing.com.
