Three years ago a tribunal ruled that two directors were liable to company car tax even though they personally paid for the vehicles. In a fresh case the tribunal took a different view. How might
this new ruling save you tax and NI?
Published 15.07.2013
Neither tax nor NI is payable where you use a company “pool car”, but this exemption is subject to tough restrictions. In a recent case the tax tribunal had to consider how these applied to a
director. What’s the full story?
Published 23.06.2011
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
Salaries are subject to NI; there’s no argument. But recently, the tax tribunal ruled that this didn’t apply to certain allowances paid to directors and employees. Will this decision mean that your
company can dodge NI?
Published 13.10.2010
The tax tribunal recently considered whether a director was chargeable to National Insurance on his wife’s company car. While the case raised some important issues we think everyone overlooked a
tax-saving trick. What’s the story?
Published 02.09.2010
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
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
A friend invited you round to view his new ECO car. A shoebox on wheels you thought, but you changed your mind when he pointed to the luxurious limo on the drive and told you it was part of a
tax-saving scheme. What’s full the story?
Published 10.12.2009
In February 2014 the Upper Tax Tribunal ruled that a scheme which involved leasing cars to employees to reduce the benefit in kind tax was valid. Can your company use a similar arrangement to lower
the tax on your company car?
Published 12.05.2014
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