by AJN Accountants | Jul 28, 2022 | Advice, FAQs, Financial planning, News
When completing the annual expenses and benefits return (P11D) you need to know what company-provided vehicles each employee and director used in the tax year. A problem can arise when deciding whether small commercial vehicles should be treated as vans or as cars....
by AJN Accountants | Jan 19, 2022 | Accounting, Advice, Business, Tax planning, Technology
The fuel crisis last September has encouraged many people to consider buying an electric car. Drivers of company-owned electric vehicles will find it particularly rewarding as the taxable benefit for using an electric company car is currently just 1% of its list price...
by AJN Accountants | Jul 29, 2020 | Advice, Business, FAQs, Small Businesses, Tax planning
You’ve probably heard of the company car and some its associated tax issues. However, you may not have of a car allowance. A car allowance is a sum of money you add to an employee’s annual salary for the purpose of allowing them to buy or lease a vehicle. The employee...