by Gareth Thomas | Jul 10, 2026 | Accounting, Business, Taxes
If your business provides company cars, it’s important to understand HMRC’s advisory fuel rates. These rates are used for company cars and cover fuel only. They can help employers reimburse business mileage without creating a tax charge. They can also be used when...
by Jon Davies | May 21, 2026 | Accounting, Business, Taxes, VAT
I’ll admit that, as an accountant, I can get excited about things that normal people probably shouldn’t get excited about. Like VAT. And, even more specifically, VAT on electric vehicle charging. I know – I promise that, in real life, I am really exciting and...
by Gareth Thomas | May 11, 2025 | Accounting, Business, Taxes
If you or your employees drive a company car, there are some important tax changes on the horizon. From April 2025, the benefit-in-kind (BIK) charges on company cars are increasing—and more changes are already planned through to 2029/30. If you’re thinking about...
by Gareth Thomas | Jun 11, 2024 | Accounting, Business, Finance, Taxes
Navigating Company Car Taxation in 2024/25 Today, we’re diving into the complex world of company car taxation, shedding light on what UK entrepreneurs and small business owners need to know for the fiscal year 2024/25. Understanding the Car Benefit Charge When...
by Dylon Thomas | Aug 13, 2020 | Business, Taxes
Where an employer pays for all fuel used by a company car, regardless of if it’s for business or private use, there is a statutory fuel scale benefit charge, as the company car benefit tax charge doesn’t cover fuel provided for company vehicles. The cash equivalent of...
by Dylon Thomas | Jun 11, 2020 | Accounting, Business, Taxes
Sometimes, it might be beneficial if an employee is provided with a company van, helping them to do their job. If this van is also made available for private use, a tax charge arises under the benefit in kind legislation. If no private use is intended, the van can...
by Dylon Thomas | Apr 12, 2020 | Accounting, Business, Employment, Taxes
Offering company cars can be a way of attracting valuable employees, however it can sometimes prove to be extremely costly for employers – so read on and find out all the tax limitations of company cars. You can also download the full article here...
