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Tel: 01908 566362
We offer a range of high quality accounting, financial and business services in and around Milton Keynes.
B2B Business Advisors Limited can advise employers in the Milton Keynes 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 Milton Keynes area and would like more information on pooled cars and vans, contact B2B Business Advisors Limited.
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B2B’s interactive tax calculators can be used to calculate VAT due, the taxable benefits on your company car and how much your savings are worth.
Keep up to date on the latest from the world of business and tax with our daily news stories.
21 Jan 2022
A study carried out by insurer Simply Business has found that 82% of business owners suffered from poor mental health during the coronavirus (COVID-19) pandemic.
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18 Jan 2022
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