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
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
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
You’re considering going green with your next company car to take advantage of the government’s grant for plug-in vehicles. But how will it affect your and your company’s tax position?
Published 19.05.2016
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 19.01.2023
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
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
On your tax return you’ve claimed a 100% deduction for the cost of a car believing that it qualified as a low emissions vehicle. Now the Taxman is querying this aspect of your tax return. What should
you do?
Published 21.06.2007
To start the new year the government has launched a review of vehicle taxes linked to CO2 emissions. Rumours are that official emissions levels will rise. How might this affect your choice of company
car?
Published 22.01.2019
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