Coventry Office: 024 7648 7588    Birmingham Office: 0121 514 8823 info@platinumoneaccountants.co.uk

Taxation Advice

Tax & Company Cars

Platinum One Accountants Tax Team can also advise you on the latest Company Car Tax, Benefits in Kind and Mileage Allowance rates while our Platinum One Payroll team can handle all your PAYE and NIC requirements, ensuring that your payments are accurate and on time.

Tax & Company Cars Services:

However, there are some car and van ownership structures that are more tax-efficient than others and indeed some additional tax saving opportunities available from the type of cars and vans/goods vehicles you have in your fleet.

We will advise you on which option is the best for your business and circumstances and the other related issues that could have a bearing on your decision:

  • Hire purchase.
  • Leasing agreements.
  • Personal contract purchases.
  • Hybrids of the above methods.
  • Vehicle ownership schemes for directors and staff incentive schemes via salary sacrifice.
  • Statutory mileage allowances.
  • Advisory fuel rates.
  • Assistance with P11D forms (Expenses and Benefits).
  • Advising you of the Class 1A payments.
  • Car and van pool schemes.

We will help you to run the numbers on all the car purchase options, tax benefits and NIC charges, whilst taking into account the available tax reliefs for energy-efficient and low emission vehicles.