Tax situation for a limousine business

Hi, I am hoping someone can give me some advice regarding a new limousine business that I’m looking to start.

The main problem that I’m having is to do with capital allowances, annual investment allowance and writing down allowances.

The car I am looking to buy is a used BMW 730Ld which I have been advised by BMW is classed as a limousine because it has a long wheel base.

I am aware that regular cars do not qualify for annual investment allowance but I am unsure whether a limousine does because they are not commonly used as a private vehicle and unsuitable for such use.

The limo will do zero private mileage and will only be used for passengers.

I found this link which has confused me even more (mainly because I’m clueless when it comes to tax)http://www.accountingweb.co.uk/anyanswers/hearse-and-limousine-capital-allowances/514268

Any help would be very much appreciated.

 

I do not know the law but it sounds like that it is possible