Welcome to the Livery Dole Mitsubishi online portal for business customers.
Here you will find all the information you need about how Mitsubishi‘s great range of vehicles can work for you. We can offer your all the services you need to keep you and your business mobile, all in one convenient location – your local Mitsubishi dealership.
As a small business, we ourselves know the advantages of having someone local to talk to about the needs of your organisation. Livery Dole Mitsubishi can provide that personal service and advice, ensuring you end up with the right vehicle and the right finance package, at the right price. We are proud to offer you excellent customer service and, unlike a large leasing company, you can pop by with an enquiry any time you like.
If you have specialist requirements, such as vehicle liveries or custom modifications we‘d be happy to help with these as well.
Click the tabs above to find out how we can help you get your business on the road.
Contract Hire
Click on the button for details of our latest contract hire offers for local businesses:
i-MiEV
- Exempt from road tax
- Exempt from London Congestion Charge
- Free parking in some London boroughs
- Zero benefit-in-kind company car tax
- Mitsubishi Service Plan £300
Find out more
Lancer Evolution X
- The rally-bred legend re-born
- Cutting-edge technology
- Manual or Twin Clutch SST gearbox
- Stunning outside, luxury inside
- Mitsubishi Service Plan from £650
Find out more
ASX
- Features ClearTec, including Auto Stop & Go
- Class leading luggage space
- Elevated driving position
- From £110 first years road tax
- Mitsubishi Service Plan from £450
Find out more
Shogun
- Hugely capable, hugely comfortable
- Seven seats on LWB models
- Class-leading standard equipment
- Commercial (LCV) versions available
- Mitsubishi Service Plan from £750
Find out more
L200
- Tax-efficient
- Road tax just £200 a year
- Huge range to suit every need
- The luxury of a car with the versatility of a truck
- Mitsubishi Service Plan from £675 + VAT
Find out more
Funding Options
Every business benefits from reducing its costs, and we at Livery Dole Mitsubishi are committed to ensuring you get the most out of your vehicles for the minimum expense. Below you’ll find examples of the flexible finance packages we can offer you, and information on how you can minimise your fleet’s tax liabilities.
Tax Information
The tax benefits of driving an LCV
If you enjoy the benefit of driving a company car,
or if you own a business, choosing your vehicle wisely could
save you a considerable amount of money courtesy of Her
Majesty's Government. This is because certain vehicles are not
classed as cars at all, but as light commercial vehicles, and
driving one could save you literally thousands and thousands
of pounds in tax every single year!
Take Mitsubishi's L200 four-wheel drive Double Cab,
for example. Thanks to its combination of reliability,
drivability, impressive styling and hard work/hard play ethic
this vehicle has become something of a cult. Yet despite its
exceptional good looks, its load capacity, even with a canopy
fitted, means that for BIK tax and VAT purposes every single
model is classed as a light commercial vehicle (LCV).
If you don't want a pick-up, but could use a van,
the famous and highly-rated Shogun is also available in
commercial vehicle guise, as is the increasingly popular
latest model Outlander.
Commercial vehicle tax facts for employees
All L200 models, together with the Shogun SWB 4Work and the Outlander 4Work, are classed as light commercial vehicles (LCVs), and all LCVs enjoy a standard Benefit in Kind liability no matter what their purchase price or how many accessories you fit. This means that, for a tax payer in the 40% tax bracket, driving a Mitsubishi LCV could save you in the region of £6000 every year on Benefit in Kind tax payments compared with a similarly priced passenger car. That's an extra £500 or more in your pocket every single month!
-
If you enjoy unrestricted private use of a Mitsubishi LCV,
in the tax year from April 2008 your BIK liability is £3,000 x your
marginal tax rate, ie, a 20% tax payer will pay £600 per year whilst
a 40% tax payer will pay £1,200 per year.
-
If your employer provides your fuel for private use an additional BIK liability of £550 applies, which means the tax payable for a 20% tax payer is £110 per year and £220 per year for a 40% tax payer
-
Employees who use a commercial vehicle which is only available for
business purposes, and this includes home to work travel, have no BIK
tax liability whatsoever.
This table compares the tax payable on a Mitsubishi L200 Barbarian Double Cab and a variety of passenger cars with varying levels of Co2 emissions. With its sophisticated 4-wheel drive system, upgraded engine and top-of-the-range specifications, such as leather seats and satellite navigation, it is a highly desirable vehicle, yet it shows a BIK and fuel benefit tax saving of up to £6368!
|
L200 Barbarian 2.5 D-iD Manual |
Ford Mondeo Diesel Estate 2.0 TDCi 140 Titanium 5dr |
Nissan X-Trail Diesel 2.0 dCi 173 Tekna 5dr |
Jeep Grand Cherooke Diesel3.0 CRD Limited 5dr Auto |
| Taxable List Price |
n/a |
£24,120 |
£29,755 |
£36,830 |
| Vehicle BIK liability |
£3,000 |
£4,824 |
£7,736 |
£12,890 |
| Fuel benefit in kind † (inc. private use) |
£550 |
£3,760* |
£4,888* |
£6,580* |
| Emissions |
LCV |
139g/km |
168g/km |
218g/km |
| Tax liability as a percentage |
n/a |
20% |
26% |
35% |
| 20% tax band |
| Vehicle tax @ 20% |
£600 |
£965 |
£1,547 |
£2,578 |
| Fuel benefit tax @ 20% |
£110 |
£752 |
£978 |
£1,316 |
| Total tax payable for 20% tax payer |
£710 |
£1,717 |
£2,525 |
£3,894 |
| 40% tax band |
| Vehicle tax @ 40% |
£1,200 |
£1,930 |
£3,095 |
£5,156 |
| Fuel benefit tax @ 40% |
£220 |
£1,504 |
£1,955 |
£2,632 |
| Total tax payable for 40% tax payer |
£1,420 |
£3,434 |
£5,050 |
£7,788 |
* Business milage may be reclaimable at up to HMRC approved rates.
†
Based on 20% charge for Ford (17% plus 3% diesel surcharge), 26% charge for the Nissan (23% plus 3% diesel surcharge)
and 35% charge for Jeep on £18,800 fuel BIK based figure.
Fixed figures to increase by RPI each year
Commercial vehicle tax facts for employers
All L200 models, even if you fit a canopy, as well as the Shogun SWB 4Work
and the Outlander 4Work, are classed as light commercial vehicles (LCVs).
-
Providing your employees with an LCV instead of a passenger car is like
giving them a substantial instant pay rise, as driving a Mitsubishi LCV
could save them many thousands of pounds every year in BIK tax payments:
for details of some comparisons see the table above.
-
As with BIK, Class 1A National Insurance Contributions are considerably
reduced on an LCV compared with a passenger car. If your employee enjoys
unrestricted private use of a Mitsubishi LCV, in the tax year from April
2008 Class 1A NIC is £384 (£3,000 x 12.8%) whereas Class 1A NIC on the
Jeep Cherokee would be £1,078 (£8,426 x 12.8%).
-
LCVs qualify for a VAT reclaim subject, obviously, to the business being
VAT registered, the vehicle being used for business purposes and it being
purchased outright or on a finance purchase plan. The percentage of VAT
reclaimable is dependent upon the extent to which the vehicle is to be
used for business purposes, ie, if the vehicle is used 50% for business
purposes and 50% for private purposes then only 50% of the VAT can be
recovered. The same ruling applies to fuel purchases.
-
The VAT on an LCV hire purchase plan rental (contract hire or leasing)
is also fully reclaimable, subject to the points made above.
-
Car tax (Vehicle Excise Duty) on all Mitsubishi LCVs is at a standard
rate of £180 per annum, irrespective of their CO2 emissions.
NB Tax liability can vary according to circumstances and we suggest
that you check with your accountant or tax advisor to see what allowances
you are eligible to take advantage of.
Disclaimer
The tax allowances detailed are subject to timing differences and the
status of your business. You should check with your Accountant or Tax Adviser
that you are eligible to take advantage of these allowances. Personal use of
these vehicles may give rise to a tax assessment and we recommend you discuss
this with your Accountant or Tax Adviser. Details correct at time of publication.
Tax information is provided as a guide only. Tax liability can vary according
to circumstances. Please contact your local Inland Revenue office for further
information.
You can contact The Inland Revenue Contact Centre on 0845 300 3939
or visit their web site at www.inlandrevenue.gov.uk.