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Tax Implications of Providing Company Cars
TAX IMPLICATIONS OF PROVIDING COMPANY CARS
Does it pay off to provide low or zero-emission cars?
Offering a company car as a benefit can be a valuable and attractive perk to any valued employee.
Unfortunately, it is not necessarily a tax-free perk and it may be liable for PAYE because HMRC considers the private use of a company car to be a benefit-in-kind.
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