Company Car Tax - How Capital Allowance rules reward low CO2 cars
The rules surrounding capital allowances for company car tax incentives worth hundreds of thousands of pounds for companies running low emission cars.
View ArticleCompany Car Tax: National Insurance contributions
Companies are liable to pay Class 1A National Insurance contributions where staff are provided with vehicles on which they are taxed for private use.
View ArticleBiK Tax on Free Fuel
Provision of free fuel for private mileage has faced repeated attempts to curtail it during the last 10 years with a very small percentage of employees being offered the perk.
View ArticleCommercial Vehicle Tax Rules
Light commercial vehicles, including double-cab pick-up trucks with payloads in excess of 1000kg, are classed as a benefit in kind if they are also provided for private use. Unlike cars, tax on use of...
View ArticleCompany Car Tax: The impact of VED, BiK and Showroom taxes on your fleet
Forward planning is vital to avoid future tax rises as drivers and fleets choosing cars now face rising bills if they don’t take account of CO2 levels.
View ArticleCompany Car Tax: Writing down allowance
Since April 2009 new rules designed to incentivise lower CO2 company cars were introduced that have a direct impact on companies’ bottom lines.
View ArticleBenefit in kind explained
Benefit in kind tax or company car tax as it is sometimes known is based upon the P11D value of the car.
View ArticleCar CO2 emissions
Over recent years the importance of CO2 emissions has risen dramatically and the need to lower CO2 emissions has been a priority.
View ArticleP11D: a taxing issue?
The P11D value of a car will help shape an employee’s tax contributions and is an important consideration for fleets.
View ArticleCompany Car Tax: Company car tax explained
Fleet operators should now be used to CO2 emissions forming the basis of company car tax in the UK.
View ArticleCompany car tax bands
It has been since April 2002 that the company car tax has been based on a car's list price and CO2 emission figure.
View ArticleGreen vehicles: Lower CO2 not always the key to cutting costs
Comparisons show that depreciation has larger effect on costs than use.
View ArticleTop 10 diesels for low BIK tax
At the budget end of the market it makes little sense to choose diesel company cars unless they will be covering high annual mileage, and often petrol makes a more cost-effective
View ArticleElection 2010 - what they promised drivers
A guide to what the main political parties promised drivers and the transport industry in their 2010 election manifestos - and what was delivered.
View ArticleTax impact of ECO, cash and salary sacrifice
Mark Morton, tax director at Ernst & Young, looks at the alternatives to the traditional company car
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