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Recent content by chaplic
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Leasing Car through Co, Low miles and save the whales Car...
TCP, veering slight off topic but the ecoboost engine is amazing - my parents have one. It even sounds good. I didn't understand your comment re NIC My understanding is: Company pays lease (say £200PCM) so overall corp tax liability is less. My accoutnant chap can do so black magic with a...- chaplic
- Post #11
- Forum: Accounting / Legal
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Leasing Car through Co, Low miles and save the whales Car...
Evening All. I do very few company miles and I am thinking of a new motor. Lexus seem to do some cracking deals on their hybrid cars in terms of business lease (e.g. they are advertising a cooking model at £219pcm + VAT) plus BIK around 11%, so if one can stay in 20% tax bracket then seems...- chaplic
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- Replies: 12
- Forum: Accounting / Legal
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Winding up company/ redundancy etc
Thanks The trouble with these articles is that they tend to start from an assumption the company wants to give as little as possible and the employee is looking to see what they are entitled to. We've only employed her for a year and a half anway so if I wanted to get rid I could do at not...- chaplic
- Post #6
- Forum: Accounting / Legal
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Winding up company/ redundancy etc
That's what I was getting at, sorry if I'm not clear. I pay her as a "normal" employee I would have though (for her) making her redundant with a payment is more tax effective and is there any benefit to the company of doing that instead of dishing out money. Also, her other Job redundancy will...- chaplic
- Post #4
- Forum: Accounting / Legal
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Winding up company/ redundancy etc
Hi All Long time lurker, de lurking for some advise. I've agreed to join the darkside once my current contract is up. My natural field of work is dead and what's left is really crappy so it's not that big a loss. And I've secured a fairly senior role that I doubt you'd get as a contractor. The...- chaplic
- Thread
- Replies: 11
- Forum: Accounting / Legal
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Private number plates
Wendigo: AWOOGA ! But back on subject, only benefit is that cars that are new-ish but relatively ageless it can hide the age, which might be important to you wanting to present the successful contractor image. I'm thinking 100K mile 545i 4 years old for £16K, £50K new All pointless, but all...
