Find out how LetsTalkFleet can help ease the pain of increasing fuel costs...
With the likelihood of the Chancellor putting fuel duty up by 5p a litre in October’s Budget, now is...
To determine what the exact nature of your BIK try using this calculator provided for HMRC it will do it for you? -
HMRC supply this free self serve tool for you to determine your tax liability for this tax year or previous tax years.
You will however need to input the data in yourself to get the right result. Have a go!
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.