Following a PAYE visit, the inspector wanted to add the use of a courtesy car to the benefits already disclosed on your P11D. What was his line of argument and how can you successfully fend him off?
Published 08.10.2008
During a PAYE audit visit the Taxman picked up on a problem in our subscriber’s procedures for dealing with company car fuel. It could cost them thousands of pounds. What steps can you take to avoid
a similar fate?
Published 17.02.2010
You want to help one of your children buy a car. A friend suggests you do it through your company to reduce the cost. You’re not sure it will work because company cars trigger tax and NI charges. Are
you right?
Published 06.10.2017
In yet another recent case involving cars, the tax tribunal had to decide whether a company-owned vehicle qualified for the “pooled car” tax break. Thousands in tax and NI were at stake. What was the
outcome?
Published 08.11.2010
If you and your spouse, or partner, both pay tax on company cars provided by your business, swapping them could reduce your joint tax bill. But what will the Taxman have to say about it?
Published 03.03.2010
You run a small Mercedes privately. However, the running costs are starting to hurt. What if you sold it to the company? Could this result in a nasty tax bill?
Published 05.11.2008
The 2011/12 tax year has ended and the P11D forms must soon be submitted. But if in doing so you realise the company car that seemed like a good idea four years ago is now costing you a fortune in
tax, what can you do about it?
Published 18.05.2012
Your accountant has just told you how much extra car benefit you’re paying. However, it’s actually your spouse that uses it for private purposes. Can you save tax by making the car a benefit-in-kind
for her (or him)?
Published 16.07.2008
As a director, you have to pay tax on your company car whilst your company has to pay National Insurance on this benefit. However, there is a way to avoid tax and NI on cars altogether. How is this
possible?
Published 31.08.2006