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Company car tax

acs_2
Posts: 165 Forumite
in Cutting tax
Probably clutching at straws, but here goes....
If you have a company vehicle (van), which you can use for personal use, and you receive benefit in kind (can use fuel card for personal use fuel), is there anything you can do to reduce tax liability?
If you have a company vehicle (van), which you can use for personal use, and you receive benefit in kind (can use fuel card for personal use fuel), is there anything you can do to reduce tax liability?
To have integrity means that you don't agree with everyone you meet, nor do you succumb to pressure to be something that is in direct conflict with your core ethics.
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Comments
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blondebubbles wrote: »Don't use it personally other than insignificant private use.
'Insignificant' other private use means that the employee's private use of the van in addition to ordinary commuting is very much an exception to normal usage and only lasts for short periods on an occasional and irregular basis. For example:
making a slight detour to buy a newspaper on the way to work counts as insignificant private use
an employee using a van to do their weekly shopping counts as more than insignificant private use - see the next section for the rules that apply in this case
Ive read this on gov.uk (I think). Its not possible for me to just use it for insignificant use....id have to buy a car, which is ultimately more expense and tax....which kind of defeats the point.To have integrity means that you don't agree with everyone you meet, nor do you succumb to pressure to be something that is in direct conflict with your core ethics.0 -
Pay for your private fuel.0
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