Jun 20, 2022 | Company Cars
I’ve been working in tax since October 1984. And virtually from the get-go there’s been questions about business fuel reimbursement Back in 1984 there was no AMAP. There was something called the Fixed PROFIT Car Scheme (FPCS). I’ve capitalised the word PROFIT because...
Jun 6, 2022 | BEV, Company Cars, PHEV
The Society of Motor Manufacturers and Traders (SMMT) registration data for May is now out and reflects the trends we’ve seen over the last three years. The usual graph is below, showing the split between fuel types month on month for the last 13. Would it be...
Jun 2, 2022 | BEV, Company Cars, PHEV
The DVLA has issued its annual update on the total number of vehicles licensed on UK roads in 2021. This confirms the trend we’ve seen over previous years; we have more vehicles and they are getting older. In 2021 the total number of vehicles rose to 40.3m, of which...
May 25, 2022 | BEV, Company Cars
You could argue the UK’s policy towards private cars amounts to “EV absolutism”. If you can’t afford an EV, with its green number plate stripe, then it doesn’t seem to matter whether you have a 20 year old diesel or a brand new euro6 petrol hybrid. As always things...
May 5, 2022 | BEV, Company Cars
HRUX’s co-founder Harvey Perkins has written an article on why employers should be looking at electric company cars right now, and just how confusing is the UK tax system. If you think basic rate means 20%, take a read of the article and why a 2% tax charge on...
Apr 4, 2022 | BEV, Company Cars
Our very own David Chandler writes in Tax Voice about electric vehicles, related tax issues and what the future may bring. https://lnkd.in/ge7ueshn (see pages 26-29)
