LeasePlan and Deloitte have partnered to publish a guide on the tax treatment of company cars.
The guide highlights some of the key issues that fleet, finance, tax, HR and reward professionals should consider when reviewing their company car fleet.
The guide covers a range of tax issues, including:
- How is tax relief calculated for an organisation that leases its company cars?
- How is tax relief calculated for an organisation that purchases its company cars?
- What is the impact of VAT on providing company cars?
- Why should a company care about the company car benefit?
It also covers alternative options to company fleets, such as employee car ownership schemes, cash allowance and salary sacrifice arrangements.
Read also Salary sacrifice company cars: What are the tax breaks?
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