Debbie Story informs us of two tax tips to reduce your company car taxable benefit.
Click here for video message from Debbie
Narrative of video:
Hi I’m Debbie Story from Sleigh & Story
We are often asked, Should I have a company car?
Well Company cars are heavily taxed and are usually only chosen for convenience. Our 2 main tips are:
- to reduce the tax, chose a car with low Co2 emissions.
- Secondly, the tax does not reduce due to the age of the car, even if it is bought cheaply second hand.
Therefore do not assume a cheap car means low taxable benefit, focus on low Co2 emissions
