Whilst EVs may be more expensive to purchase upfront, it is important to look at the whole life cost (WLC) of the vehicle, which is where we start to see
WHEN it comes to funding company cars, more and more SMEs are choosing the leasing route (also known as contract hire), because of the tax relief on car leasing and
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.
SMEs will benefit from reduced tax complexity costs and potential tax planning opportunities thanks to the single UK corporation tax rate operative from 1 April. That’s the opinion of chartered
The issues facing small business fleets are much the same as those faced by large business fleets, says ACFO’s Julie Jenner.
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.
In April 2009, the rules on business car expenditure changed. Old methods of accounting for company cars were replaced by new rules based on CO2 emissions. The changes are fundamental.
From April, the government has significantly changed the writing down allowances for corporation tax purposes. In addition, the expensive car leasing disallowance has also been changed. These tax changes were
From April, the government has significantly changed the writing down allowances for corporation tax purposes. In addition, the expensive car leasing disallowance has also been changed. These tax changes were
If you haven’t thought about leasing your business cars, now’s the time to start. Critical changes in the corporation tax treatment of business cars has made leasing more attractive; and
So, we have new accounting rules for business cars. They are finally here. And apply to all new – not exisiting – business car expenditure. The changes to corporation tax
How does Corporation Tax affect contract hire leasing? And what is the Expensive Car Leasing Disallowance? Paul Harrop, sales & marketing director at leasing company DCFM, gets to grips with
The treatment of Corporation Tax on business cars from April 2009 changes.
These alterations to writing down allowances have now been clarified.
The British Vehicle Rental & Leasing Association (BVRLA) has
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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