Company Cars

By Steve Crompton

Partner – Head of Tax

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Summary

Do you want to know the tax implications of providing employees with a company car?

Business owners often wish to understand the tax implications of deciding whether to provide an employee with a company car or deciding whether to finance their own vehicle personally or through their company.

There are several factors that make providing definitive advice in this area challenging, and often the costs of providing bespoke advice can outweigh the benefits. 

This guide sets out to explain the tax implications of providing a company car and provide the reader with the tools to make an informed decision about how to proceed. It is not designed to be bespoke tax advice.

Find out the tax implications, the options between leasing and buying, and a lot more!