The tax rates for company cars up to 5 April 2021 have now been confirmed. There will be higher charges for low emission cars, but not for those with high emissions. How much might these changes cost
you?
Published 02.02.2017
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
With the Budget announcement that there are to be higher tax charges for employees driving company cars and meaner deductions for the employers providing them, is now the time to slam the door on
these arrangements?
Published 05.04.2012
Tax increases from April 6 2008 are going to hit company car drivers really hard. You might not be able to change your car but is there anything else you can consider as a way to mitigate this tax
hike?
Published 31.01.2008
It’s not a good time for big spending but you can’t put off buying your new car any longer. Could the new lower taxes for “greener” cars be the answer to your problem?
Published 26.02.2009
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 14.11.2022
A colleague has told you that he has ditched his company car and instead puts all his car bills through the business. How does this save tax? Is this something you could take advantage of?
Published 13.09.2007
If you have use of a company car for private travel you’ll have to pay tax for the privilege. Plus, there’s a further tax bill if the business pays for your fuel for private journeys. What’s changing
with these tax charges in April 2020?
Published 16.10.2019
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
HMRC is notoriously sceptical about anyone claiming “pool” status for their company cars. Most therefore don’t bother trying. But with company tax set to rise yet again, is it worth reconsidering?
Published 30.04.2015