Company Vehicles
Technical details of different finance options
So you have decided to acquire a company car through the company and now need to decide on how to finance it. Vans, including some pick-up trucks, are treated as plant and machinery by HMRC and are taxed differently. Please see our article on vans ...
Getting a Company Car: Buying, HP, Lease or PCP?
So you have decided to acquire a company car through the company and now need to decide on how to finance it. Vans, including some pick-up trucks, are treated as plant and machinery by HMRC and are taxed differently. Please see our article on vans ...
Company Car vs Private Car
Running a car through the company can be quite expensive from a tax point of view, unless you opt for a fully electric vehicle. A car is almost always deemed to have private use whether you actually use it privately. Merely being able to access the ...
Vans and HGVs
The income tax, Corporation tax and VAT rules regarding purchasing a commercial vehicle are dependent on several factors. The areas for consideration are the actual requirement for a commercial vehicle, the usage of a vehicle and the technical ...
Company motorcycle
Tax benefits of company motorbikes Choosing a company motorcycle will mean that the benefit in kind values are generally lower than if a company car had been chosen, and as such they will attract lower additional tax charges. For a company, there is ...
Advisory Fuel Rates
If you have considered the tax implications of running a company car through your business (please see our article 'Company Car vs Private Car'), and have decided to proceed with a company vehicle, there are two levels of benefit in kind depending on ...
Electric cars
Electric cars – Updated 20.05.24 Please contact your account manager to discuss if an electric vehicle is tax efficient for you before you proceed. Financing options Please see our article here for the different options on buying a vehicle. Low ...