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Tax and company car for disabled person
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bll78
Posts: 213 Forumite
in Cutting tax
Hi,
I've read that there is tax relied for disabled individuals needing a company car. However having read the whole HMRC section several times it just looks like gobeldy gook to me. Can anyone explain it in simple terms please?
Thanks:beer:
I've read that there is tax relied for disabled individuals needing a company car. However having read the whole HMRC section several times it just looks like gobeldy gook to me. Can anyone explain it in simple terms please?
Thanks:beer:
0
Comments
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Very roughly, if you have a company car and are only allowed to use it for travelling to work and on business travel you will be exempt from the standard benefit in kind charge.
http://www.hmrc.gov.uk/manuals/eimanual/EIM23660.htm
If you are also allowed to use it for private purposes such as shopping, hospital visits and holidays then you will be charged a benefit in kind.
However there will be no tax charge on any extras required because of your disability.
http://www.hmrc.gov.uk/manuals/eimanual/EIM23650.htm0
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