Hi, I am an IT contractor setup as a limited company. I am trying to decide whether to buy a company car or give myself an allowance. BIK obviously is not a wise option. A thought I did have was to buy a company car and sell it to my "employee" for a very nice price. I know you're going to say its not possible...but I don't see why not? Has the government covered this avenue with some ridiculous tax? And if so can I instead sell it to a "stranger" who can then sell it to my "employee"?