Meeting the vehicle hire needs of SMEs

By |2017-11-20T12:34:57+00:00December 9th, 2016|Contract hire and leasing, Daily rental|

AS a small business you benefit from being able to move quickly and adapt to a wide range of tasks and challenges that would often take larger businesses more time and staff to accomplish. However, without the resources of bigger firms, SMEs can find the task of ensuring staff travel safely and cost-effectively a bit of headache. It doesn’t have [...]

Tax: Can a daily rental car attract benefit-in-kind tax?

By |2017-07-21T15:06:27+01:00April 14th, 2016|Contract hire and leasing, Daily rental|

CAN using a daily rental car qualify for benefit-in-kind taxation? Yes it can - there's no minimum period. If an employee has private use of a rental vehicle, even if it is for just one day, then strictly speaking they would have to pay benefit-in-kind company car tax. The trigger for a company car tax charge is simply that a [...]

Tax: Can a daily rental car attract benefit-in-kind tax?

By |2017-11-20T12:12:38+00:00April 14th, 2016|Contract hire and leasing, Daily rental|

CAN using a daily rental car qualify for benefit-in-kind taxation? Yes it can - there's no minimum period. If an employee has private use of a rental vehicle, even if it is for just one day, then strictly speaking they would have to pay benefit-in-kind company car tax. The trigger for a company car tax charge is simply that a [...]

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