- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: ltd co..car advice
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "ltd co..car advice"
Collapse
-
Originally posted by DaveBNot worth getting it through the co. The BIK taxation you'd pay out weighs any benefit you'd get from it.
Buy Privately and claim the mileage. It's the easiest and most efficient way to do it.
Leave a comment:
-
Not worth getting it through the co. The BIK taxation you'd pay out weighs any benefit you'd get from it.
Buy Privately and claim the mileage. It's the easiest and most efficient way to do it.
Leave a comment:
-
Company Car
Best to speak to your accountant about this. If the company provides you with a car it falls into the Benefits in Kind legislation which means you'll pay tax & class 1a NI on the benefit.
The company will get tax reliefs on the lease or purchase of the car as well as servicing costs but in most cases this is far outweighed by the tax/NI paid on the benefit.
Leave a comment:
-
i know that is an option but looking for options of getting car through business
Leave a comment:
-
ltd co..car advice
just set up ltd company and thinking of getting a car! can i get it thro company? lease hire? vat free? any car suggestions?Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: