Company Cars 2011-12

Company Cars 2011-12 is a clear and detailed guide to the current tax regime and provides a useful, time saving resource when dealing with tax rules in relation to company cars, privately owned cars, vans and various other vehicles.

Company Cars 2011-12 provides practical guidance on tax planning issues enabling maximisation of tax efficiency.

Useful features of Company Cars 2011-12 are:-

• Logical presentation of topics throughout the handbook
• Full reference to legislation and HMRC material, saving time
• Tax planning points and pitfalls
• Decision making pointers to help decide whether a company car or car fuel is a worthwhile benefit and alternatives to consider
• How best to provide company cars – buying versus leasing
• Facts and figures – tables of appropriate percentages, VED rates, approved mileage rates, advisory fuel rates for company cars

Updates since last edition:

• Stricter emissions criteria – lower threshold (15% charge) set at 125 g/km for 2011-12
• Employee Car Ownership Plans – no new statutory rules – HMRC guidance published in context of existing
• Class 1A National Insurance percentage rose to 13.8% from 2011-12, increasing tax cost to employers of providing a company car