Business Trips

[d000hg]

Only 84% take home? You can get close to this with a LTD company anyway with relatively little risk

That depends how much you are bringing in in the first place.

[Wanderer]

That depends how much you are bringing in in the first place.

Yes indeed. KUATB

[Wanderer]

what is "benefit in Kind". how is Self assessment linked to company car.
Thanks for all the help and suggestions :-)

You're welcome.

For the answers to your questions, there are some great guides (links on the right side of the page) and it sounds like your accountant has got the basics right. No disrespect intended, but my final recommendation is that you do what your accountant tells you to do and don't question their advice for now. Once you've been running your company for a year or two, you can start thinking about the pros and cons of complicating your tax affairs with company cars etc. In the mean time, keep it simple, read all you can about accountancy and taxes and try to get your head around how it all works.

Good luck!

[kingcook]

what is "benefit in Kind". how is Self assessment linked to company car.

Thanks for all the help and suggestions :-)

Speak to your accountant.