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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.
02 Apr 2020
The government has published details on the COVID-19 support schemes for small businesses and retailers.
The Confederation of British Industry (CBI) has revealed that retail sales during March were propped up by households stockpiling goods.
01 Apr 2020
Company directors who receive salaries through Pay as You Earn (PAYE) are eligible for furlough under the government's Coronavirus Job Retention Scheme.
Get in touch with Branston Adams to arrange your free consultation.