Coronavirus – effect on BiK, tax and salary sacrifice
Now could be an ideal time to review fleet policy to look at introducing a number of new, tax-efficient vehicles to choice lists for drivers to consider when we come
Now could be an ideal time to review fleet policy to look at introducing a number of new, tax-efficient vehicles to choice lists for drivers to consider when we come
New scheme takes advantage of this month’s change in Benefit in Kind taxation rates, which drop from 16% to 0% for electric vehicles.
Salary sacrifice is an agreement where an employee accepts a lower salary but in return receives a benefit from their employer.
HMRC has reminded employers that they must report salary sacrifice and cash allowance agreements on form P11D using the new OpRA rules
PENDRAGON Vehicle Management (PVM) has rebranded its employee car benefit scheme targeting salary sacrifice with Pendragon Let’s Drive launched to replace the SimplyDriveIt brand. The rebrand rejuvenates PVM’s employee benefit scheme with
Knee jerk decisions following this week’s Finance Bill reading may leave you ‘washed up’ says David Bushnell, product manager – mobility, at Alphabet The reading of the Finance Bill in the House
ICFM Masterclass on salary sacrifice Policy compliance with new rules will be “a real challenge” Low value, low CO2 cars above 75g/km hit most by government changes Cash allowance rules
VEHICLE supply and fleet management specialists CVM have announced that Aon Plus, Carlsberg and cruise giant Carnival have added iLease, CVM’s on-line vehicle personal contract hire (PCH) platform, to their own
2016 Autumn Statement: Key points Tax savings on salary sacrifice and benefits in kind to be stopped from April 2017, with exceptions for ultra-low emission cars (see below), pensions, childcare
IT appears that the government hasn’t quite thought through its proposals for changes to salary sacrifice – an area where HMRC feels there is both tax and NI leakage. ACFO
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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