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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.
15 Oct 2019
On 14 October, the UK government laid out its policies on trade, crime, the environment and Brexit in the Queen's Speech.
14 Oct 2019
Chancellor Sajid Javid has announced that he will deliver the 2019 Autumn Budget on Wednesday 6 November.
11 Oct 2019
The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that 'lessons must be learned' from the controversy surrounding the loan charge.
Get in touch with Branston Adams to arrange your free consultation.