by ClearwaysAccountants | Sep 21, 2014 | Tax Calculators
Car Tax Calculator 2014-15 Use our updated car tax calculator to calculate whether your Limited Company should purchase your new car or whether you should take further dividends and buy the car yourself. Company Car Purchase Tax Calculator 2014-15 ...
by ClearwaysAccountants | Apr 10, 2014 | Business tax, Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice, Tax Tips
The taxable benefits are very high for the private use of a company car; and the benefit charge keeps going up even though the car loses value. For example A car with a list price of £25,000 and CO2 emissions of 175g/km creates a taxable benefit of £5,750 (23% of...
by ClearwaysAccountants | Mar 7, 2013 | Contractor, Freelancer, Pay, Expenses & Benefits, Personal tax, Self Employment, Small business advice
Cars provided by employers to their employees are taxable benefits-in-kind. This is true whether you are an employee of a FTSE100 company or a director/employee of your own single person limited company. A reminder – how is the company car benefit calculated?...
