Optician needs advice on self-employed tax position and business cars I’M a self employed optician and I work between two practices so I clock up around 900 miles a month
Future capital allowances from April 2018 The government will extend the 100% First Year Allowance (FYA) for businesses purchasing low emission cars for a further three years to April 2021.
CAPITAL and lease rental allowances on company cars are to change from 2018, with reduced thresholds as the government continues its drive for clean air with vehicle taxation and incentives encouraging zero
YOU can get business tax relief on the company cars purchased by your small business. Capital costs can be set against the taxable income of your company. There are three
I’M confused by the accounting and taxation methods of the cars we own. Are the terms interchangeable? I could do with some help. Colin Tourick – a taxation and business
Changes in capital allowances and the company car tax escalator are both making hybrids look more attractive company car options.
THE Chancellor announced in his Budget that first year allowances (FYA) for ultra low emission vehicles (ULVs) will be extended until 31 March 2018. The current allowance had been due
Improvements to CO2 emissions mean that the government is losing money on writing down allowances. It plans to fix that from April – so you need to act now.
The Government wants another £2 billion from company cars between 2013 and 2017.
The BVRLA says that incentives for companies to buy low CO2 cars have “worked too
A question and answer about personal contract purchases (PCPs)
What’s the position on capital allowances if you buy a car on a PCP as a small business owner?
APRIL 2012: New capital allowances for company cars
Chancellor Alistair Darling points to recovery, but his Credit Crunch Budget won’t help us get there explains John Lewis, chief executive of the British Vehicle Rental and Leasing Association.
Changes to capital allowances rules for April 2009 will particularly hit the running costs of cars with CO2 outputs of more than 160g/km, says Deloitte’s Nigel Morris.
How company cars are treated differently for accounting and taxation purposes I’M confused by the accounting and taxation methods of the cars we own. Are the terms interchangeable? I could
Explaining business car writing down allowances THE last time we bought a company car for our business there was an expensive car leasing disallowance and a balancing charge on the
It somehow seems appropriate that, as we see out 2008, this should be my 100th blog entry. So I wish you all joy on old year’s night. And, despite the
The Budget introduced many unseen changes that could cost businesses dear – unless they reconsider car choice argues Deloitte’s Nigel Morris.
The Chancellor has increased the cost of motoring for small businesses.
The key figures are the L200 rise in VED for vehicles with emissions above 226g/km (band G).
This rise to
Biofuel Saab – qualifies for 2% discount The Chancellor has signified that he wants business motoring to have a reduced environmental impact. The broad thrust was to impact on
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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