According to the RAC, more than 30% of small businesses are considering moving away from diesel-powered cars and vans. Should you follow their lead or sit tight?
Published 09.04.2018
A fellow director has told you that his accountant has recently added £4,000 “tax-free” to his director’s loan account, for the use of his car by the company. Is this something you should be doing
too?
Published 08.05.2008
If you or your employees drive on company business you might be able to make use of HMRC’s tax and NI-free approved passenger payments (APPs). What are they worth and when can you pay them?
Published 18.09.2013
Your BMW is costing you a small fortune to run every year. What if you were to sell it to the company instead? Would you be any better off and what would be the company’s position?
Published 09.04.2008
As a cost cutting measure you and your fellow directors have put a price ceiling on company cars. The trouble is the one you’re after is a few grand over this. You’ve agreed to fund the difference,
but what’s the most tax efficient way?
Published 02.04.2013
According to 5,000+ directors, having a personal assistant enables them to be 32% more productive. But what if you don’t need one on a full-time basis? Could the virtual world hold the answer and
what are the likely costs involved?
Published 01.02.2011
By personally paying part of the cost of your company car you can reduce the benefit in kind on which you’ll be taxed and your company will pay NI. But will these savings be enough to outweigh the
cost of your contribution?
Published 13.01.2023
Tax relief for the cost of company cars can be allowed all in one year or take over 20 years. This makes a big difference to your cash flow. What types of car should you choose for the best results?
Published 20.04.2017
If you’re driving an oldish petrol company car, you and your company could be paying through the nose in tax and NI charges. You could splash out on a new electric or low emissions car, but is there
a cheaper way to cut your tax bill?
Published 20.03.2023