![]() Company car tax is based on the car’s ‘taxable value’, which is a percentage of its list price (known in tax terms as the P11d value) that gets larger for models that emit more CO2 at the tailpipe. ![]() Since 2002, this has incentivised vehicles with the lowest CO2 emissions, which has counteracted hybrids’ higher list prices and created an early-adopter market among business fleets. If you’re driving a car which is owned or leased by your employer but also available for private journeys, then it’s classed as a ‘benefit in kind’ and is a taxable perk. Company car tax bands: how much will you pay?.How does home charging work for company car drivers?.How do you claim for charging an electric company car?.How to keep your company car tax bills low.The mileage rates for petrol, diesel, hybrid and electric cars.
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