Company Cars

How does Company Car tax work?

A company car is taxed in a specific way, and can prove very expensive! In this post we’ll look at how that tax is calculated and reported so you can make an informed decision about whether you want to accept a company car, or, if you are the owner of a limited company, whether you […]

Read More

Electric Vehicle Grants Reduced

The government has cut the Plug-in Car Grant and Van & Truck Grant by £500 and lowered the pricing cap on qualifying electric vehicles. The Department for Transport will now provide grants of up to £2,500 for electric vehicles on cars priced under £35,000. This is a reduction from the current £3,000 available for vehicles […]

Read More

Is VAT recoverable on Electric cars?

Electric cars will be far more desirable as company vehicles after April 2020, when the benefit in kind charge reduces to zero on a fully electric vehicle. As a result, it’s probable that many more will become company vehicles. The increased interest is creating several areas of doubt, the main one of which revolves round VAT. […]

Read More

Tax on Company Cars!

The rules around tax on company cars are changing, quite dramatically. In this episode we outline the key changes and tell you which choices may be best. Watch this to find out more. Transcript: Hi and welcome to another episode of BaranovTV designed to demystify the world of accounts and tax and to help your […]

Read More

Rebound Logo - an stylised image of the Coronavirus molecule, with a banner around it saying 'Rebound'

Visit our Rebound Resources page for free tools & guidance to help your business Rebound from the pandemic.