Company Cars
Many business owners provide their employees with vehicles to help them perform their work duties. But with commercial vehicles attracting a lower level of tax than company cars, the vehicle must meet the criteria set out by HMRC. HMRC states that a commercial vehicle...Company Cars
This post was originally published in 1 September 2020 and was updated on 1 December 2021 for freshness, accuracy and comprehensiveness. For employees using a company car, the new fuel rates for use from 1 December are as follows: Engine SizePetrolLPGDieselAmount per... 
Company Cars
For employees using a company car, the new fuel rates for use from 1 December are as follows: Engine Size Petrol LPG Diesel Amount per mile (in pence) 1400cc or less 12 8 9 1401cc to 1600cc 14 9 9 1601cc to 2000cc 14 9 11 Over 2000cc 21 14 14 For the purpose of fuel... 
Company Cars
The term ‘qualifying car’ is widely used and misunderstood. Car dealers may well tell potential buyers that it means you are able to reclaim the VAT. However, is that always the case? Generally, the input tax on the purchase of a motor car is blocked, unless the car... 
Company Cars
Company car tax rates increased in April 2019, as standard. However, the rates are set to fall from 6 April 2020 for cars with CO2 emissions of up to 69g/km. The Government has announced that in the 2020/21 tax year there will be no benefit in kind on company cars... Company Cars
For employees using a company car, the new fuel rates for use from 1 June are as follows: Engine Size Petrol LPG Diesel Amount per mile (in pence) 1400cc or less 12 8 10 1401cc to 1600cc 15 9 10 1601cc to 2000cc 15 9 12 Over 2000cc 22 14 14 For the purpose of fuel... This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT Privacy & Cookies Policy
