Company cars are still a popular benefit
« Back to BlogCompany cars still remain popular despite the ever increasing tax charges.
There are various reasons; running a company car gives the employee more certainty over motoring costs and avoids having to keep laborious records and mileage logs to substantiate business mileage. In many cases a company car remains a status symbol.
Thanks to our strategic partner Streets Chartered Accountants, here is the current tax position when it comes to company cars.
www.streetsweb.co.uk/knowledge-bank/company-cars-are-still-a-popular-benefit
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