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company car

A collection of 3 posts
Why You Should Use an App to Track your Miles
mileage

Why You Should Use an App to Track your Miles

Transportation costs money, and whether you're driving your car, cycling to work or using public transit - your work-related trips are business expenses and are therefore tax deductibe. This means that you can get those expenses reimbursed, tax-free.
Dec 28, 2022 3 min read
Private Use of Company Car: Tax Rules in the UK
company car

Private Use of Company Car: Tax Rules in the UK

In the UK, if you use a company car for personal use, you may be required to pay tax on the benefit of having access to the car and/or the fuel costs. This is known as a Benefit in Kind (BIK).
Dec 21, 2022 3 min read
How to Save Taxes on Personal Use of Company Car
taxes

How to Save Taxes on Personal Use of Company Car

What is the "personal use" of a company car? When you drive a company car, the "personal use" is the mileage you drive for personal purposes and is considered a benefit in kind, or extra income, from a tax perspective. As such, the "value" of the private use of the
Jul 24, 2022 2 min read
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