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    Income tax - Employment income - Expenses and benefits - II. Benefits in kind - Taxable benefits - Vehicles - 27640

    Many companies provide their employees with a vehicle in the form of a car or van. Where fuel is also provided by the employer, this comprises a benefit too.

    Sharing the company car tax efficiently

    Your company provides a car which you and your other half share. Naturally, there’s tax to pay on this benefit in kind but how can you arrange it so that it’s charged at the lowest possible...

    Vehicle excise duty (VED)

    Vehicle excise duty (VED)Registered before March 2001From 1 April 2018From 1 April 2019From 1 April 20201,549cc and below£155£160£165above 1,549cc£255£265£270Graduated VED...

    Vehicle excise duty (VED)

    Vehicle excise duty (VED)Registered before March 2001From 1 April 2018From 1 April 2019From 1 April 20201,549cc and below£155£160£165above 1,549cc£255£265£270Graduated VED...

    New reporting procedure for cars

    New tax rates for zero and low emission company cars mean that from 6 April 2020 employers must provide more information to HMRC. What do you need to know?

    What’s new with company cars in 2020

    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...

    Pool cars - get the small print right or pay the tax consequences

    Company cars count as taxable perks whether or not you use them for private travel. Shared cars are an exception. What restrictions and conditions for use are required to achieve tax-free status?

    Company car tax calculator

    Company car tax calculatorThis calculator has two separate functions; one is a simple and quick way to work out the taxable benefit in kind for any company car and the other is a means to calculate the...

    Tax-efficient cars for the family

    At one time having two or more company cars would cost you dearly in tax. But these days the tax charge is consistent no matter how many cars are available to you. How can you turn this to your advantage?

    New tax regime for company cars?

    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...