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Friday, 10 October 2008
Company Cars and Tax -
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Company Cars and Tax

8. Getting Help

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8.1 Both employees and employers need advice before deciding what to do.

  • Consult an accountant for advice.

8.2 HM Revenue & Customs provides useful leaflets (www.hmrc.gov.uk/cars):

  • Leaflet IR 125 'Using your own car for work' explains how to claim any tax-deductible allowances.
  • Leaflet IR 172 'Income tax and company cars' explains how individuals are taxed on company cars.
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