Company car tax is one of those necessary evils that come with the benefit of having a company vehicle. Whether you have a car or a van, a Mercedes-Benz S-Class or a Renault Clio, you have to pay company car tax. The good thing about company car tax is that it’s fairly easy to calculate. In fact, you can do it yourself with a pad and pen. But, how do you do it? In this article, we look at how company car tax is calculated for both cars and vans, and ways to lower your company car tax.
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.
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