company car

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Double cab pick-ups a ‘car’ not a van

Double cab pick-ups a ‘car’ not a van

29th October 2020
HMRC v Coca-Cola (GB) Ltd is a long running case centred on the definition of a company van. This decision matters because company cars are taxed more heavily than company vans that can be used privately. The case concerns double cab pick-ups that have a second row of seats behind the driver. The Court of...
VAT claim for a personally owned van

Q&A – VAT claim for a personally owned van

2nd March 2020
Q. I’m the only director of my company and I own all its shares. I bought a van in my name but I intend to use it in the company’s trade. Can the company reclaim the VAT included in the purchase price? A. If the van was purchased and used privately or for a different...

What’s new with company cars in 2020

22nd November 2019
If you have use of a company car for private travel you’ll have to pay tax for the privilege. Plus, there’s a further tax bill if the business pays for your fuel for private journeys. What’s changing with these tax charges in April 2020? Brona MacDougall finds out. Cars and car fuel Company cars are...

Is your van a car?

3rd June 2019
As well as the more obvious practical differences, the difference between a company van and a company car also has an impact on your tax bill. But in March 2019 the Upper Tribunal upheld two differing decisions over ‘combi’ vans provided to employees for private use. Kevin Crowford discusses the tax implications and brings you...