Tax efficient company vehicles - vans
Company vans used privately incur a benefit in kind of only £3,000, and private fuel provided for the van is taxed at only a flat £500.
This is significantly cheaper than a car – if it is practically possible.
For further details see here.
Cathy Corns is a tax adviser and a partner at Mercer & Hole. The views given in this blog are personal to the author.
Date: 16th September, 2009
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