Category: Employee Benefits

While company cars often come with tax implications, there are specific situations where the associated

The trivial benefits legislation provides a simple and practical tax exemption that allows employers to

Employees with company cars may be paying unnecessary tax on private fuel, when reimbursing the cost of

As an employee, you pay tax on certain company benefits, such as cars, accommodation, and loans. Your

There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as a

The tax you pay on the use of a company car depends largely on its CO2 emissions, so choosing a lower

Using your own car or bike for work travel? You may be able to claim tax relief for business mileage.

If

Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are

Employees using company fuel for private journeys can sidestep a hefty benefit charge by repaying the

Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private