Until recently, there had been confusion on whether a pick-up is a car or a van for tax purposes. Why does this matter and what’s changed?
Published 24.06.2009
In his 2016 Budget the Chancellor announced that the capital allowances (CA) tax break for low emission company cars will continue, but subject to tougher limitations. How should you plan your
vehicle purchases to maximise tax relief?
Published 18.04.2016
New rules for tax relief on leased cars apply from April 2009. Tax relief is now based on CO2 emissions rather than value. Could changing your leasing contract benefit your business?
Published 09.06.2009
The rate of capital allowances (CAs) you can claim for cars used in your business varies between 8% per year to 100% of their cost. That can make a big difference to your tax bill. What steps can you
take to achieve maximum tax efficiency?
Published 20.10.2015
You’ve heard that you can actually get the Taxman to fund the purchase of a new car, through a clever manipulation of the rules for awarding tax credits. What’s the full story here?
Published 06.07.2006
From 6 April 2020 cars will have their CO2 emissions based on new more realistic levels. HMRC has already announced new scale charges for company cars but how will the new CO2 ratings affect other
tax liabilities and deductions?
Published 13.11.2019
At one time the government’s intention was to tax company cars out of existence. These days it’s a little more enlightened, even offering extra tax relief in some cases. This begs the question: which
cars are best for tax breaks?
Published 07.07.2010
Next April will see two changes to the CO2 bands which determine the rate of capital allowances (CAs) you can claim for the cost of company cars. What are these and are they really worth worrying
about?
Published 13.12.2012
A colleague has told you that now is the best time to trade in your company car and get a new one. He says that if you don’t you will lose out on a valuable tax break for your company. Is there
something you should be doing?
Published 23.10.2008
The March 2008 Budget report confirmed proposed changes to both Corporation Tax and income tax. But was there any “news” about these key taxes?
Published 31.03.2008