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The rules governing pooled vehicles.
Tony Dicker can advise employers in the Bristol area on the use of pooled cars and vans. Here is an overview of the main considerations...
Some employers, or groups of employers, find it convenient to have one or more cars or vans that are readily available for business use by a number of employees. The cars or vans are not allocated to any one employee and are only available for genuine business use. Such cars and vans are usually known as pooled cars and vans.
No car or van benefit arises on a pooled car or van providing that, in the relevant tax year, it satisfies all the following conditions:
If you are an employer in the Bristol area and would like more information on pooled cars and vans, contact Tony Dicker.
09 Apr 2021
Employees who are working from home will need to make new claims for tax relief for the 2021/22 tax year, HMRC has stated.
08 Apr 2021
A survey carried out by the Institute of Directors (IoD) has revealed that confidence amongst UK businesses has been boosted by plans to re-open the UK economy.
07 Apr 2021
The International Monetary Fund (IMF) has upgraded its UK economic forecasts for 2021 and 2022.