Buying a Car through Limited Company

Buying a Car through Limited Company

Is it worth buying a car through Limited company? What are the advantages and disadvantages? If the Company Buys: On Full Payment If you buy a new car through your company then it will attract a capital allowance. The amount of capital allowance will depend on the...
Company car tax rates

Company car tax rates

Company car tax rates From 2015/16, two new appropriate percentage bands will be introduced for company cars with a rate of five per cent for cars emitting 0-50 g/km of carbon dioxide and a rate of nine per cent for cars emitting 51-75 g/km of carbon dioxide. As...
Changes in Motor Vehicle Travel Costs

Changes in Motor Vehicle Travel Costs

HM Revenue & Customs now change, on a quarterly basis, the rates at which business mileage allowances may be paid for cars provided by an employer, but where all fuel is paid for by the directors/employees personally.  The rates are designed to reflect changes in...