Will I pay tax on a company car?

Will I pay tax on a company car?

The taxation of company vehicles is one of the most complex areas of tax and as a result one that we get asked about the most. It is not helped by the fact that the rules are different depending upon how you use the vehicle, how your company provides it and whether it...
What are capital allowances on cars?

What are capital allowances on cars?

Capital allowances on cars is one of those subjects that often surprises people when it comes time to do a corporation tax return. This is because instead of claiming depreciation as a deduction you have to claim capital allowances and these can often be different to...
Can You Buy an Electric Car Through Your Company?

Can You Buy an Electric Car Through Your Company?

Should You Buy an Electric Car Through Your Company? A company car is one which is purchased and owned by a company but made available for private use by an employee. Successive governments have increased the personal tax costs of company cars which has meant that...