Company cars - Electric vehicle opportunity
February 20, 2020
Our general advice on company cars has been to avoid them. When you are the owner/manager of a business the personal tax and National Insurance costs far outweigh any benefit and it made no financial sense to have a company car.
Well that advice is changing, but only if...
TAGS
taxvatBudgetcorporation taxPersonal taxFurloughed workersPayrollSDLTstamp dutyautumn budgetAutumn statementBenefit in KindCarschancellorCJRSCompany taxemploymentflat rate schemegrantsHMRCholiday homelimited cost tradermortgage interest reliefOverseaspension contributionspropertyReceipt Bankresidential propertySelf assessmentsmall businessestax liabilitiesTrainingvat flat rate schemeXero