Jul 1, 2018 | Company Cars, P11D
The latest statistics from Expenses and Benefits have been produced (link in the comments section). Interesting to note: • These relate to the tax year 2016/17 when most companies are currently submitting their 2017/18 P11Ds – almost a year to produce these...
Jun 1, 2018 | Company Cars, P11D, Private Fuel
UK Gov gets blood from stone! The graph shows the total tax and NIC take from private fuel scale charge compared to the number of employees “enjoying” the benefit (the red line). The Exchequer has kept the tax and NIC above £300m per annum whilst the total number of...
Mar 1, 2018 | P11D, Private Fuel
Tax and employee benefits; FIVE things you might not have known! At £250bn (2015/26) PAYE represents approx. 50% of the UK’s total tax take, and its climbing. £3.9bn of this comes from forms P11D (up 5% on 2014/15). For comparison Inheritance Tax was only £5.1bn. So...
Mar 1, 2018 | Company Cars, P11D
OMG another post around P11D – anyone would think we’ve a product to sell! 🙂 I know, I know, it’s like crime in a multi storey car park – wrong on so many levels… See the graph? It shows the total tax and NIC on company cars collected via P11d over a...
