A company car is something that can benefit both employers and employees, provided you plan accordingly.
Important questions to ask yourself are:
- what kind of car should you choose?
- how are you going to fund it?
- how many employees will use it?
- what is the estimated annual mileage?
These are all things you must take into consideration before making a final decision. The following guide provides the essential information you need to know when planning a company car scheme and the effect it will have on your tax bill.
This blog post originally appeared on our old website.