Yesterday, I talked to a car finance broker arranging finance for one of our dental practice customers. We had previously explained to them the cheapest way to run an electric vehicle was using their company, and they were keen to get a new electric car. Our customer has been trading for less than 2 years…
Updated: 24-11-2022 for Autumn Statement Encouraging electric car take-up The last few years have seen dramatic changes in car development. Diesel cars are now known to be bad for air quality. There’s been a lot of negative press coverage, and the tax rates are set to rise for fossil fuel company cars. Sales of new…
Following on from the government’s announcement last week that the sale of new diesel and petrol cars will be banned from 2040, we take a look at the rules for company cars and how they are changing. When a company provides a car for use by an employee, the employee pays tax and the employer…