Many SMEs are often unsure whether it’ll be more tax efficient to lease the car personally, or through their limited company. Choosing the wrong option could prove costly in terms of someone paying more tax than they need.
You might not want to make long term commitments to new vehicles due to the potential impact of political decisions such as higher VED charges and increases to benefit in kind (BIK) taxes.
Should a start up run her car through the business or personally? I HAVE recently set up my own small business and want to lease a new car. I am just wondering whether it would be better to run this through the business or personally? What is the eligibility for business leasing? What information do you need to provide the leasing company? [...]
More people than ever before are turning their hand to running their own business and being their own boss. There are over 4m small businesses helping power the economy. So now you need a car for your business. What are the options?
More people than ever before are turning their hand to running their own business and being their own boss. There are over 4m small businesses helping power the economy. So now you need a car for your business. What are the options?
