Ponty
pfm Member
I’m hearing that companies are reintroducing company cars based on the (currently) very low BIK taxes. Makes sense for many at the moment as they can sell their current cars for top dollar then pay sod all in tax for a new car. Many will be losing 40% plus NI on their car allowances anyway. This is how the govt are going to force the change. Tax. I remember the days when you paid less tax on your company car the more miles you drove! Everyone seemed to have to go to client visits hundreds of miles away at the end of the tax year!