I'd like to buy a car through my business but don't want to get stung with a huge tax bill. Apparently certain cars with low emissions are exempt from being as classed taxable benefits. Does anyone know anything about this? Ideally I'm looking for a list of cars that don't incur a lot of tax so I can see if I like any of them!
Answers:
this may not sound true but it is, i met a a guy who had his own business and he said he had done some research into company cars, and the car that come up trumps across the board is a Lotus Elise!! It was best for cost, it had the best value for depreciation and fuel economy and also tax! so maybe if u like them u could go for one of them??!!
When asking tax questions you should be specific as to the tax with which you are concerned. Are you talking about:
Income tax?
Sales tax?
Luxury auto tax?
Other?
there are many tax issues involved what in particular you are looking?
Call any accountant who'll talk to you. It is their job to know this.
The answers post by the user, for information only, UKQnA.com does not guarantee the right.
Where can I find to buy a 45ft Model Watson Class Lifeboat?
speaker replacement?
Fastest British non Streamlined steam locomotive?
can you drive a landrover discovery td5 auto with the front propshaft removed?
Anybody know how to spray a petrol tank using 2 pack paint (paint and laquer)Is it like cellulose.Any tips ?
can you take a driving test in your own car or do you have to have a driving instructors car?
What company can offer a fuel card that can be used at any petrol station in the uk?
why does my vw golf 1.4 keep stalling at roundabouts?
How far will a London bus travel on full tank of petrol driving round the city at average speed of 30mph?