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Services > Tax >
Company Car Taxation
A new system for taxing car benefits started on 6 April 2002, linking the tax charge on the benefit of a company car and more recently the fuel scale charge, to the level of its carbon dioxide (CO2) emissions. The new system applies for the purposes of calculating employer's Class 1A NICs and has had the impact of significantly increasing the tax burden on employees.
Reducing your tax burden We have undertaken numerous company car reviews making recommendations which enable both company's and their employees reduce their tax burden. Once such scheme actually meant that the company's employees could enjoy the benefit of a company car and associated private use with no cost to them personally!
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If you would like more information or would like to ask us a question then call us on 0870 22 55 220. To ask us a question online click here.
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