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TAX - COMPANY CARS

Share a company car with your partner

You’ve had a company car for years. A friend has recently told you that you could have saved tax and NI if it been provided to your spouse instead of you as they paid tax at a lower rate. Are they correct and is it a tactic worthwhile considering now? More...

TAX - CARS

Time to get rid of the company car?

These days there’s a high tax and NI cost associated with a company car and it creeps up each year. If it’s more than a few years old it might be more tax efficient to transfer ownership to you. When is the right time to make the change? More...

TAX - COMPANY CARS

Reducing the tax cost of a family car

You want to help one of your children buy a car. A friend suggests you do it through your company to reduce the cost. You’re not sure it will work because company cars trigger tax and NI charges. Are you right? More...

TAX

What’s the trouble with fuel for company cars?

If your business provides company cars you need to take extra care in accounting for the cost of fuel. Get it wrong and your business and the driver will be hit with hefty tax and NI bills. What’s the problem and how can you avoid it? More...

COMPANY CARS

Should your next company car be a van?

While the tax advantage of having a certain type of company van as a perk has reduced slightly, they remain tax efficient. But how do the tax charges compare to those for company cars? More...

COMPANY CARS

The tax advantages of a pure perk company car

The time has come to replace your second car. While the current one was paid for with personal money you know that tax incentives for green company cars have steadily improved. So is it now worth getting your company to pay? More...

COMPANY CARS

Company car fuel - who should pay?

In the Budget the Chancellor announced progressive tax hikes for company car drivers, but employer-paid fuel appears to have got off lightly. Is there now a tax advantage to filling up your car on the company? More...

COMPANY CARS

Company runabout for the family

Your daughter has been hinting that as she turns 17 soon she’ll be old enough to drive, if only she had a car. You know you’ll have to give in and buy her one eventually, but would it be cheaper if your company paid for it? More...

DIRECTORS’ TAX - CARS

Selling your car to your company

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? More...

DIRECTORS’ CARS

LLPs and cars

You’re always on the look-out for ways to reduce the tax bill on company cars. A colleague has suggested that having a Limited Liability Partnership (LLP) at your disposal could save you tax. What’s the full story here? More...
Last updated: 09.07.2020

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