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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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Our handy tax calendar provides an overview of the key tax dates for your diary.
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.
23 Oct 2020
On 22 October Chancellor Rishi Sunak announced increases to the coronavirus (COVID-19) financial support measures first outlined in the Winter Economy Plan.
22 Oct 2020
The Institute of Directors (IoD) has outlined reforms to the Prompt Payment Code.
21 Oct 2020
HMRC has urged businesses to make sure they are prepared for new customs and tax rules so that they can continue to trade with the EU from 1 January 2021.
20 Oct 2020
The Public Accounts Committee (PAC) has urged the government to give a 'more honest' picture of the likely levels of the UK tax gap.