Company cars have been under scrutiny recently and higher tax rates has meant that putting cars through the company is no longer tax efficient for the majority of makes/models. However - under current proposals the government is looking to reduce the benefit in kind charged on some electric cars from 20/21. If you are considering changing your car for a more economical vehicle in the coming years, it may be worth considering waiting for these new rules to come in, and taking a look at the vehicles included in this band. This is a few years ahead yet and the proposed legislation may change If you wish to discuss this further please don’t hesitate to get in touch. Company Cars
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