C

    PAYE and NIC - Pay as you earn - Other payments and deductions - Benefits and expense payments - Non-payrolled benefits - P46(car) - 40985

    Form P46(car) gives full details of the company car (¶27650+) provided to an employee, and enables HMRC to amend the PAYE code to ensure that the correct PAYE deductions can be made. Where the employer...

    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?

    New category for P46 (car)

    New category for P46 (car)..Employers take note. HMRC has added a new fuel type on Form P46 (car) : “fuel type F” for diesel cars meeting Euro standard 6d”. This covers Euro status 6AJ,...

    New car, new tax code and more services

    New car, new tax code and more services..Your personal tax account. Instead of calling or writing to HMRC about a change of company car you can update your tax records online. If you have a company car...

    Change your company car tax online

    Change your company car tax online..Car check. HMRC has rolled out its online service that allows you to check if it has the correct company car details included in your tax code. If not, there’s...

    HMRC still sitting on NI refunds for car allowances

    Two years ago the Court of Appeal ruled that NI wasn’t payable on fixed sums paid to workers for using their cars for business. Despite this, employers are still waiting for refunds from HMRC....

    Company car drivers can now report changes to HMRC online

    HMRC has launched a trial allowing company car drivers to make changes to their car and fuel benefits online. What’s the advantage?

    Spouse swap

    You’ve just calculated that your car benefit for this year is going to be enormous. But it’s actually your spouse that uses the car. Can you transfer it to them to reduce your tax bill?

    Timely change - for cars

    Timely change - for cars.. Whenever you change a company car you are supposed to notify the Taxman of this change. How? A letter will do but using a Form P46 (Car) increases the chances of “speedy” and...