3 Steps to controlling and reducing your Fleet & Business Mobility spend in 2021!
Did you know that the typical company vehicle costs a business over £8,000 a year?
You’re the Boss
If you are the owner , director or an employee responsible for senior mangement vehicles, the cost of providing a vehicle as a company car or via a personal lease can vary signifiantly. Questions you may have:
- Is it best to acquire a new vehicle through my company or in my own right?
- What factors do I need to consider for business vs personal car?
- Can I change the car status from personal to business or vice versa?
Our new calculator will have all of the answers for you soon, so watch this space.
In the meantime if you have a question or need any support please get in touch with one of our specialist team and LetsTalk.
The information provided is based on existing and proposed legislation as at March 2020 (11th March 2020 UK Budget). Whilst every effort has been made to ensure that information given is accurate and not misleading, this information is intended to provide a quick reference to the current tax regulations relating to company vehicles and how they impact employers and employees. The content has been provided for informational purposes only and should not be relied on as a substitute for professional advice. No responsibility can be accepted by LetsTalkFleet Ltd for any loss or liability occasioned by any person acting on or refraining from action as a result of viewing this information.
