When looking to find fresh talent, it seems that company cars are still the best bet for businesses, according to new research by OSV. The data shows that 49% of interviewees would even consider accepting a job that didn’t otherwise appeal, if a car that they couldn’t afford privately came as part of the package. In spite of this, more than half (51%) of those interviewed admitted that they still didn’t understand the Benefit in Kind (BiK) tax regulations in relation to company car use, which came into force more than a year ago (April 2017).
If you are a business and you are providing an employee with a company car, or several employees with a fleet of company cars, then you will have to write a company car policy. This is essentially where you set out the rules that your employees have to abide by when they are driving their company car. But, how do you even go about writing a company car policy? That’s where we come in. In this article, we are going to talk about how to write a company car policy and what you sort of things you should be thinking about when you give your employees a company car.
Company cars have always been popular. They are a great incentive and a great way to attract the best candidates for your company.
But with the increasing changes on company car tax and the government crack down on diesel cars, is it still worth having a company car?
In this article, we look at whether a company car is still worth it, and your alternatives.
When you get a company car, you have to pay company car tax. And naturally, you’d want to keep your company car tax as low as possible.
But, is petrol or diesel better for low company car tax?
In this article we compare the two fuel types and look at which one is best if you want low company car tax.
Company cars have long since been a staple for many lucrative jobs and it has even been proven that offering a company car can attract some of the best and brightest.
But, is a company car worth it?
After all, changes to company car tax mean you could end up paying more and it could end up becoming less tax efficient that you once thought.
Or, is a company car still a viable option for many?
In this article, we have a look at why you might want to get a company car, and reasons why you might not.
Having a pickup as a company car might be quite an odd concept for some (it certainly isn’t traditional) but we predict that it will become increasingly popular in the coming years.
But, which pickups make the best company cars?
In this article, we take a look at the pickups that are on the more luxurious side and therefore would make great company cars.
If you’re looking for a new company car, we don’t think that a pickup was at the top of your list. Particularly if you before you were driving a C-Class. It’s not exactly traditional, but it is one that we think will be fairly common in the years to come.
But, why? Why should your next company car be a pickup?
As we said, it’s an unusual concept so we know that you will probably need a fair bit of convincing. Which is why we’ve written an article debating whether your next company car should be a pickup.
If you’re looking at getting a new company car, then you might want to consider getting a plugin hybrid.
Plugin hybrids are becoming increasingly popular, and we predict that they will only become more popular in the coming years.
But, why do they make good company cars?
In this article, we look at 5 reasons why we think your next company car should be a plugin hybrid.
Looking for your first company car? Or maybe you’re looking at getting a new one because your contract is up. Have you considered an electric car?
You might have, but you might not. Electric cars divide opinion; people either love them or loathe them. Or, like the idea of them but would never drive one themselves.
Regardless of your view on electric cars, if you need a new company car, then it should definitely be an electric vehicle.
In this article, we are going to give you 5 reasons why we think your next company car should be electric.
As you may be aware, the tax bands for company car tax are changing as of April 2017. There are 15 new bandings, with 11 being introduced for lower emission vehicles.
But what are the new bands? We take a look at the new company car tax bands, how this will impact you, and give you some top tips on how to reduce your company car tax bill.
In the Autumn Statement, Philip Hammond announced that there would be some changes to the way our company cars are taxed. Similar to the VED rates (click here for more information on those car tax changes), there are going to be more bandings introduced for lower-emission vehicles...
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