Apr 17, 2020 | Company Cars
“Most people entering the tax profession like the fact things change – we have an annual Budget (sometimes more than one!) and the tax playing field never sits still. However, the pace of change over the last 3 years in the company car/employment tax space has been...
Feb 3, 2020 | Company Cars
And stood on the podium we have: GOLD – anything with zero emissions (Tesla, Mercedes EQC, Mini Electric, etc). And your prize? Zero company car tax and class 1A NIC in 2020/21, a full CT deduction and 100% First Year Allowance (if the cars are purchased). SILVER –...
Jan 17, 2020 | Company Cars
1.6% of all new cars registered in 2019 were Battery Electric Vehicles (BEVs). That’s just 38,000 units against a total of 2.3m cars sold in the UK. In fact, Jaguar on their own sold more cars (of all types) in the UK in 2019 than the total number of BEVs sold by all...
Jan 17, 2020 | Company Cars
Why are people picking on Toyota and Lexus for the phrase “self-charging hybrid?” My taxi home from the station last night was in a Toyota Auris Hybrid estate, which was averaging 78.4mpg. This was around Milton Keynes, which is all roundabout then 70mph then...
Jan 13, 2020 | Company Cars
Virtually every post I read on LinkedIn seems to claim a new UK sales record for EV, but Last Monday’s report from the SMMT suggests that CO2 emissions from new cars are rising (up 2.7% over 2018, up to an average of 127.9g/km). We believe that tax rules, particularly...
