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Branston Adams can advise employers in the Surrey area on the use of pooled cars and vans. Here is an overview of the main considerations...
Some employers, or groups of employers, find it convenient to have one or more cars or vans that are readily available for business use by a number of employees. The cars or vans are not allocated to any one employee and are only available for genuine business use. Such cars and vans are usually known as pooled cars and vans.
No car or van benefit arises on a pooled car or van providing that, in the relevant tax year, it satisfies all the following conditions:
If you are an employer in the Surrey area and would like more information on pooled cars and vans, contact Branston Adams.
24 May 2022
A Treasury minister has stated that the government 'cannot rule out' a windfall tax on gas and oil companies in order to help with the cost-of-living crisis.
23 May 2022
Household energy bills could change every three months under new plans proposed by the energy regulator Ofgem.
20 May 2022
The government should immediately support those hardest hit by the cost-of living crisis, according to the Confederation of British Industry (CBI).
Get in touch with Branston Adams to arrange your free consultation.