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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.
04 Mar 2021
Chancellor Rishi Sunak used the 2021 Budget to confirm the extension of the stamp duty land tax (SDLT) holiday.
Chancellor Rishi Sunak delivered his 2021 Budget speech yesterday, outlining a range of financial measures designed to boost the UK economy once the current coronavirus (COVID-19) lockdown ends in England.
03 Mar 2021
Chancellor Rishi Sunak set out a Budget to protect businesses through the pandemic, fix the public finances and begin building the future economy.
Get in touch with Branston Adams to arrange your free consultation.