Buying a £450,000 Lamborghini through your company — what really happens

The dream

You've built a successful business. You're considering a reward. Someone tells you: 'Put it through the company — you'll save on tax.'

Before you sign anything, let's talk about what actually happens.

The tax reality

A £450,000 Lamborghini Revuelto is classified as a car for tax purposes. This matters enormously.

Corporation tax relief: The company can claim capital allowances, but cars with CO₂ emissions above 50g/km get only an 6% annual writing down allowance. At that rate, you're looking at decades before you've claimed the full cost.

Benefit in Kind (BIK): If you use the car personally — which you will — HMRC treats this as a taxable benefit. For a car with high emissions, the BIK rate is 37% of the list price, every year. On a £450,000 car, that's £166,500 of taxable benefit annually. As a higher-rate taxpayer, that's £66,600 in personal tax each year.

VAT: You can only reclaim VAT if the car is used exclusively for business. Personal use — even driving home — blocks the VAT reclaim.

The honest answer

Buying a supercar through your company isn't a tax hack. It's a lifestyle choice with tax consequences. If you want the car, buy it — but go in with clear eyes about the real cost.

Always speak to your accountant before making large asset purchases through your company.