You can reduce the tax and NI bill on your company car by making a personal contribution to its cost. But the saving can be outweighed by the depreciation on the car. How can you make sure this
doesn’t happen?
Published 18.04.2011
Employees who contribute to the cost of using their company car for personal journeys get a reduced tax charge. This can be calculated in two ways. As the employer which one offers you the greatest
advantage?
Published 30.03.2015
It’s time to replace your company car. A friend says that if you make a personal contribution to the cost it will be more tax efficient. The trouble is, you don’t have the cash for this. Is there
still a way to achieve the tax saving?
Published 17.05.2024
The tax and NI payable on company cars is already high and is set to increase for each of the next few years and probably longer. How can you use a simple arrangement to make a company car more tax
efficient?
Published 06.10.2017
You can reduce the tax payable on company cars by contributing to either the cost of the vehicle or the running expenses. But which of these methods will save you the most in tax and NI?
Published 31.05.2012
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
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
When you add a sat-nav as an extra to your company car it will cost you more in tax. The rate you’ll pay is based on your vehicle’s CO2 emissions. But is there a way to reduce or even eliminate this
extra tax bill?
Published 15.05.2009
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
One of your dependents needs a car. They don’t work for your company and so wouldn’t be entitled to a company car in their own right. However, would it be tax effective for you have two company cars
but let them use one?
Published 27.04.2006