We use cookies to give you the best possible experience. You refine the data you’re happy for us to track. By using our site, you agree to our Privacy Policy

Your Privacy

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They do not store any personally identifiable information. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.

The site needs these cookies

Analytical/Performance Cookies

These allow us to recognise and count the number of visitors and to see how visitors move around our website when they are using it. This helps us to improve the way our website works, for example, by ensuring that users are finding what they are looking for easily.

Performance Cookies

These cookies allow us to know which pages are the most and least popular and see how visitors move around the site.  All information collect is anonymous unless you provide personal information to us.
If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Functionality Cookies

These are used to recognise you when you come back to our website so that we can personalise our content for you.

Finance and Taxation For Company Cars

Why have we produced this publication? Making the right decision when acquiring a vehicle for company use, or whether to allow drivers to opt-out of company car schemes, is becoming an increasingly more complex activity.

The best way for a business to acquire and fund a company vehicle is determined by a combination of factors including: funding methods, business and personal taxation, national insurance contributions, capital and revenue allowances, whole life costs (WLC), CO2 emissions, Benefit in Kind, and Authorised Mileage Allowance Payments (AMAP), to name but a few.

In order to assist the process, we have compiled this comprehensive guide, using plain English, to describe what the main areas of Finance and Taxation are and more importantly what they mean in a day-to-day context.