Company Car
Can I Buy a Car Through My Limited Company?
August 6, 2026Can I Buy a Car Through My Limited Company? A practical guide to buying or leasing a company car, understanding Benefit in Kind tax and choosing the most tax-efficient option for your limited company. Buying a new car is a major decision for many business owners. If you run a limited company, you may have
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Everything limited company directors need to know before buying or leasing an electric company car, including Benefit in Kind, Corporation Tax relief, VAT and the true cost of ownership. Buying an electric car through a limited company can be tax-efficient, particularly when compared with providing a petrol or diesel company car. However, the company paying
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Should I buy an electric car through my limited company? Buying or leasing an electric car through a limited company can be tax-efficient, but it is not automatic. The main benefit is usually the lower Benefit in Kind charge compared with many petrol or diesel company cars. The company may also receive tax relief on
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When ‘Perks’ Become Taxable in 2025/26
December 29, 2025Company Assets and Personal Use: When ‘Perks’ Become Taxable in 2025/26 Many directors and business owners assume they can use company assets for personal reasons — a laptop here, a holiday let there — without consequence. After all, they own the company, right? But HMRC sees things differently. In 2025/26, directors and shareholders who use
Read More Company Cars in 2025/26: Should You Go Electric?
December 24, 2025Company Cars in 2025/26: Should You Go Electric? As tax rules around company cars continue to evolve, many directors and employees are reconsidering whether now is the right time to switch to an electric vehicle (EV). With Benefit in Kind (BiK) rates for petrol and diesel cars rising — and electric car incentives still in
Read More Can I Claim Mileage Allowance When Using My Own Vehicle?
October 27, 2025Can I Claim Mileage Allowance When Using My Own Vehicle? If you use your own personal car, van, motorcycle, or even a bicycle for business purposes, you may be eligible to claim a mileage allowance. Whether you’re self-employed, an employee, or the director of your own limited company, knowing what you can claim and how
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VAT and Commercial Vehicles: What You Need to Know About Dual-Purpose Use When it comes to purchasing vehicles for business, many companies assume that if a vehicle looks like a van and is marketed as commercial, VAT recovery will be straightforward. But that’s not always the case — especially when dealing with dual-purpose vehicles, such
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Borrowing the Company Van?
August 10, 2025Borrowing the Company Van? Here’s What It Means for VAT You’re planning a home renovation, and rather than hire a van or buy new equipment, you consider using the company’s van or tools that have been sitting idle. Sounds practical, right? But if your company is VAT-registered, this decision may not be as simple as
Read More Company Vehicles and Tax
June 21, 2025Company Vehicles and Tax: What Employers and Employees Need to Know for 2025/26 Providing a company vehicle can be a valuable perk for employees — but it also comes with tax implications for both the business and the individual. Whether it’s a car, van, pickup, or motorbike, understanding how these are taxed helps avoid unnecessary
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Changes to Taxation on Double-Cab Pickups and the Employment Allowance Increase The Autumn Budget 2024 introduced key changes that will impact businesses and employees, particularly in the areas of vehicle taxation and employers’ National Insurance (NI). Businesses using double-cab pickups and employers looking to reduce NI costs should take note of these developments and plan
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