Tuesday, December 14, 2010

Tax related xmas pressies - a Batmobile

If frivolous spending revs your engine, drive no further than a working replica of the Batmobile, available complete with rocket-exhaust flamethrower from Firebox.com for a whopping £120,000.

It’ll get the driver to client meetings at a fair lick; top speed is 90mph, which ain’t bad for an oversized toy that weighs nearly two tonnes. And, given that it’s the fabulously-finned version from the 1960s TV show, the car qualifies for road tax purposes as a classic (it says here). If it’s really authentic it’ll run on nuclear power and therefore create zero carbon dioxide emissions – thus qualifying for 100% capital allowances and a 5% benefit-in-kind charge. Vroom, vroom!

As suggested by Daniel Selwood, Taxation magazine's online editor.

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