Market leading insight for tax experts
View online issue

Care with company cars

Company cars continue to cause complications two of which are worth bearing in mind.
First ‘pool’ cars. It’s tempting to think that if a car is generally available to anyone who needs to drive it it must be a pool car and therefore not taxable as a benefit in kind on anyone. Tempting but sadly not often true. To be exempt the car must be one which is:
  • actually used by more than one employee or director;
  • not ordinarily used by one employee or director to the exclusion of all others;
  • not normally kept overnight at or near the home of a director or employee (except where it’s kept overnight on premises occupied by the employer); and
  • not used by anyone for...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.