Tax and company cars

To own, to lease, to hire there are different benefits and tax saving opportunitievintage carss from each option. 

However, there are some car and van ownership structures that are more tax-efficient that others and indeed some additional tax saving opportunities available from the type of cars and vans/goods vehicles you have in your fleet.

We will advise you on which option is the best for your business and circumstances and the other related issues that could have a bearing on your decision:

  • Hire purchase.
  • Leasing agreements.
  • Personal contract purchases.
  • Hybrids of the above methods.
  • Vehicle ownership schemes for directors and staff incentive schemes via salary sacrifice.
  • Statutory mileage allowances.
  • Advisory fuel rates.
  • Car and van pool schemes.

We will help you to run the numbers on all the car purchase options, tax benefits and NIC charges, whilst taking into account the available tax reliefs for energy-efficient, low emission vehicles.