The company car is an important benefit for many employees. However, significant changes affecting employer-provided cars were introduced in April 2018. As a result, employers’ motoring costs could be adversely affected by rising benefit rates, the new capital allowances rules or alterations to salary sacrifice.
With further changes to company cars set to be implemented in 2019 and beyond, our comprehensive two-page factsheet outlines some of the key areas to consider, and provides tips to help your business clients in selecting the most tax-efficient motoring strategy for their business.
To view a sample click here.