Originally posted by SupremeSpod
View Post
- 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: Company Car
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 "Company Car"
Collapse
-
Originally posted by SimonMac View PostHave you tried searching for when this happened?
Leave a comment:
-
Originally posted by northernladuk View PostInstead of apologising for being lazy why not try a search to see if it has been asked before.
A guide to searching is here http://forums.contractoruk.com/welco...uk-forums.html
You will then find it has been asked..a lot.. and all the information you need has been provided and argued many many times.
Even posting it in the right forum might have been a good idea.....
Leave a comment:
-
Originally posted by paraclete View PostHi,
Apologies if this has been asked before.
A guide to searching is here http://forums.contractoruk.com/welco...uk-forums.html
You will then find it has been asked..a lot.. and all the information you need has been provided and argued many many times.
Even posting it in the right forum might have been a good idea.....
Leave a comment:
-
Originally posted by Old Hack View PostOr get yourself a commercial vehicle, like a double cab pick up (New Ranger Wildtrak is a doosey and can be had for £20k + VAT), or a Land Rover, or VW Transporter Sportline Kombi. All very nice lifestyle vehicles which will leave you paying little, or no tax at all.
Leave a comment:
-
Originally posted by Waldorf View PostGeneral advice is not to have a company car but take a look at this http://www.nixonwilliams.com/images/...any%20Cars.pdf
Leave a comment:
-
General advice is not to have a company car but take a look at this http://www.nixonwilliams.com/images/...any%20Cars.pdf
Leave a comment:
-
Company Car
Hi,
Apologies if this has been asked before.
I have a healthy balance in my company accounts, and am wondering what I can do with it. I also need a new car.
My accountant hasn't been terribly helpful (you get what you pay for!), but he has suggested that I can do this, but that I would be liable for Tax & NI Contributions, based upon the CO2 emissions. He gave me a link to HMRC calculations for this, but the website admits that their calcs are out of date.
So, looking at an example elsewhere...
1.6 TDI S line 2dr | A3 Cabriolet 2008 | Audi | Company Car Tax | Honest John
...would I be right to assume that my only personal liability of buying one of these with company funds would be £1667 pa (assuming 40% tax)?
Apologies if this is a dumb question, or if I have missed something obvious.
Look forward to gentle advice.
Thanks in advance.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: