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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.

    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...

    Vehicle excise duty (VED)

    Vehicle excise duty (VED)Registered before March 2001From 1 April 2018From 1 April 2019From 1 April 2020From 1 April 20211,549cc and below£155£160£165£165above 1,549cc£255£265£270£270Graduated...

    Vehicle excise duty (VED)

    Vehicle excise duty (VED)Registered before March 2001From 1 April 2018From 1 April 2019From 1 April 2020From 1 April 20211,549cc and below£155£160£165£165above 1,549cc£255£265£270£270Graduated...

    Flow chart - company car tax calculation

    Flow chart - company car tax calculationWhere an employer makes a car available to an employee or director for private use it counts as a taxable benefit in kind. After each tax year the employer must...

    Using a loan to reduce the tax on company cars

    These days company cars with relatively low CO2 emissions are subject to the maximum tax charge. If your next company car falls into this tax bracket how can a loan from your business lower the...

    Private use of a pool car - what’s the tax position?

    Your business has kept a pool car for years. You’ve stuck to HMRC’s rules rigidly to ensure that when it’s used no taxable benefit occurs, but you need to use the vehicle for private purposes...

    Double cab pick-up could be a “car”

    Double cab pick-up could be a “car”..HMRC v Coca-Cola (GB) Ltd is a long running case centred on the definition of a company van. This matters because company cars are taxed more heavily...

    When is a van a car?

    The Court of Appeal has issued a ruling which means that some crewcab vans are to be treated as cars for benefit-in-kind purposes. What was the key finding and what should you warn clients of?

    Cars and vans - tax treatment at a glance - Tax deductions for costs

    Tax deductions for costsBusinesses can claim a tax deduction for all running costs they incur in providing a company vehicle including those relating to private use. However, special rules apply...