BIK Tax Traps: The Company Cars That Cost Far More Than They Should
Four company cars that look like sensible choices but hide painful Benefit-in-Kind tax bills — and the smarter alternatives that could save you thousands.
Information on the legal and regulatory aspects of buying, selling and driving your car in the UK and beyond
Four company cars that look like sensible choices but hide painful Benefit-in-Kind tax bills — and the smarter alternatives that could save you thousands.
Company car or cash allowance? A practical 2026/27 guide for UK business owners and professionals with real-number examples covering BIK tax, EVs, and limited company directors.
the new road tax regime that comes into force with effect from the 1st April 2025. In real terms this means that most new cars registered after the 31st March will have their first year’s road tax doubled from the current rate and even EVs (electric vehicles) will now be charged £10 rather than zero.
Hidden in the small print of the October 2024 Budget was a change in the tax treatment of Double Cab Pick Ups that can carry a payload of more than 1 tonne.