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Company car tax

Expert commentary and practical guidance from ICAEW related to the taxation of company cars under the UK tax regime.

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Need to know

HMRC contact information
  • Helpsheets and support
HMRC contact information, including telephone numbers, online options and postal addresses, together with tips.
UK tax rates, allowances and reliefs
  • Helpsheets and support
ICAEW’s Tax Faculty provides links to help practitioners find the latest tax rates, allowance and reliefs.
Tax Faculty
  • Promotional material
Tax is a fast-moving and ever-changing world. Our expert staff and volunteers, and consultation work with government, means we can bring you the latest developments and expert opinions. Join today to access our resources and keep on top tax form.

Features and articles

Tax news in brief 5 June 2024
  • Article
  • 05 Jun 2024
Highlights from the broader tax news for the week ending 5 June 2024, including: HMRC publishes guidance on the abolition of multiple dwellings relief; an update on the VAT refund scheme for museums and galleries; and the Scottish visitor levy has been passed.
Tax news in brief 29 November 2023
  • Article
  • 28 Nov 2023
Highlights from the broader tax news for the week ending 29 November 2023, including: HMRC’s compliance professional standards; VAT group registration delays; advisory fuel rates; and changes to HMRC’s Apprenticeship Levy Manual.
HMRC updates guidance on charging company-provided electric cars
  • Article
  • 26 Sep 2023
HMRC accepts that no taxable benefit arises where an employer reimburses their employee for the cost of charging a company-owned, wholly electric car that is available for private use.
Tax news in brief 30 August 2023
  • Article
  • 29 Aug 2023
Highlights from the broader tax news for the week ending 30 August 2023, including: HMRC service standards; advisory fuel rates; and a new HMRC technical manual.
Tax news in brief 31 May 2023
  • Article
  • 30 May 2023
Highlights from the broader tax news for the week ending 31 May 2023, including: advisory fuel rates; service availability indicators for payment plans; visitor levy legislation; and an update to SAYE bonus rates.
Tax news in brief 1 March 2023
  • Article
  • 28 Feb 2023
Highlights from the broader tax news for the week ending 1 March 2023, including: advisory fuel rates; stamp taxes newsletter; HMRC’s SDLT postcode; arrests connected with Euro Pacific bank; ATED revaluations; and economic crime levy guidance.
Tax news in brief 30 November 2022
  • Article
  • 30 Nov 2022
Highlights from the broader tax news for the week ending 30 November 2022, including: registering a client for VAT as an agent; the latest advisory fuel rates; wet signatures not required for IHT100 forms; changes to IHT400 forms; ATED relief for “Homes for Ukraine”; and details of benefit and pension rates for 2023/24.
Tax news in brief 23 November 2022
  • Article
  • 23 Nov 2022
Highlights from the broader tax news for the week ending 23 November 2022, including: increase to electric car advisory fuel rate; removal of access to CHIEF for importers; technical guidance on the fulfilment house due diligence scheme; electronic submission of VAT refund claims for non-UK businesses; and the Autumn Finance Bill 2022.

Bloomsbury Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.

Exclusive Benefits and Expenses
  • eBook chapter
  • 2024
  • Peter Rayney
  • Tax Planning for Family and Owner-managed Companies
Chapter containing advice on tax planning for benefits and expenses, written for anyone who advises or runs a family or owner-managed company. Topics covered include: company cars and vans, travel and subsistence costs, living accommodation and other common employee benefits.
Exclusive Vehicle fleet
  • eBook chapter
  • 2023
  • Steven Bone, Martin Wilson
  • Capital Allowances - Transactions and Planning
Chapter on the scope for capital allowances claims provided by company cars.
Exclusive Benefits in relation to cars and vans
  • eBook chapter
  • 2023
  • Robert Maas
  • Taxation of Employments
A chapter on the taxation of company cars and vans, covering tax issues relating to UK employers and their staff.
Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.

 

Webinars

Company cars webinar 28 02 2024
  • Webinar
  • 29 Feb 2024
  • PDF (765kb)
Accompanying slides for the Taxation of company cars webinar broadcast on 28 February 2024.
Exclusive Taxation of company cars
  • Webinar
  • 28 Feb 2024
This webinar covers the tax issues for both employer and employee when the employer provides their employee with a company car.

Representations

ICAEW REP 24/19 - Worldwide harmonised light vehicles test procedure (WLTP) and vehicle taxes
  • Representation
  • 14 Feb 2019
  • PDF (198kb)
A response dated 14 February 2019 to a consultation published by HMT on 19 December 2018.

Useful links

Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.

Expenses and benefits A-Z
  • Website
  • HM Government
Government guidance on individual expenses and employee benefits presented in an A-Z list
Car fuel data, CO2 and vehicle tax tools
  • Website
  • Vehicle Certification Agency
Range of calculators including tools to work out vehicle tax costs for a new or used car, tax costs for all vehicle types, and emissions information on a new or used car.
Expenses and benefits: company vans and fuel
  • Website
  • GOV.UK
Overview for employers on tax, National Insurance and reporting obligations for those providing company vans and fuel to employees. It covers exemptions, what to report and how to calculate value.
Calculate tax on employees' company cars
  • Website
  • GOV.UK
Guidance for employers who provide company cars or fuel for their employees’ private use on how to work out taxable value.
Terms of use

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