These are commonly referred to as company cars and are taxed by reference to the list price of the car but graduated according to the level of its carbon dioxide (CO2) emissions. We outline the main areas to consider and the tax and national insurance implications. If your business is in the Barry area or you are employed in the area we, at Blayney Accountancy, can advise you on the employer provided car benefit rules.
Please contact us at Blayney Accountancy for more detailed advice on cars for employees in your business in the Barry area.