Personal tax - Company cars and vans


One of the biggest tax drains on any company. Use these documents to relieve the burden


Order by:
Filter by:
doc
Policy
Employee pool car agreementBanning private use is essential for a car to be considered a pool car by HMRC. A verbal ban may work but it's more sensible to require the employee to sign an agreement that specifically states that the car is not to be use... Read more
09 Oct 2018
Credits: 1
doc
Agreement
Company car lump sum contribution agreementIf you wish an employee to contribute towards the purchase price of a company car, it's a good idea to formalise the arrangement. This will reduce the taxable benefit in kind for the car.Capital contributionA... Read more
03 May 2018
doc
Agreement
Company car running cost contribution agreement   ... Read more
03 May 2018
doc
Agreement
Employer/employee company car fuel agreementTo avoid a tax charge arising where you provide an employee with fuel for their company car, have an agreement requiring them to reimburse the cost.Fuel benefit chargeIn addition to the company car benefit, ... Read more
27 Apr 2018
doc
Policy
Cars and car allowances policyIf you provide your employees with a car you can use a policy to set the terms and conditions of its use. If only a couple of employees have company cars, you might find it easier to include the provision in their contra... Read more
16 Feb 2018
Credits: 1
doc
Form
Employee business mileage recordEmployees and directors are required to keep a detailed record of journeys for which they receive a mileage allowance from their employer or where they claim a tax deduction for business travel. A copy of the record sh... Read more
19 Jun 2015
doc
Miscellaneous
Pool car journey recordFor a company car to count as a pool car (meaning that employees who use it aren't taxed on it as a benefit) it must not be used for private journeys. HMRC may ask for evidence of this. You should maintain a log of all journeys ... Read more
28 Dec 2009
doc
Document
Memo: invoices for motor expensesHow expenses are controlled is always at the top of HMRC's list of questions during a compliance visit. Using our memo should help you to dismiss enquiries about motor expenses very quickly, before they become too deta... Read more
02 Jun 2009