The provision of a company car is normally considered a taxable benefit for an employee or a director. The company car benefit charge for a full year is obtained by multiplying the price of the car for tax purposes (in most cases, its list price plus accessories less capital contributions) by the ‘appropriate percentage’. (more…)
Posts Tagged ‘Payroll & Benefits’
UK Company car benefit
Wednesday, July 7th, 2010Tags: Car allowances, Payroll & Benefits, UK company car, UK Employment
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