Gary Hull director at PricewaterhouseCoopers LLP reviews how changes announced in the Budget will impact employers and their employees
Company cars
In continuing the environmental theme started by Gordon Brown in the 12 March 2008 Budget the Chancellor Alistair Darling introduced the most significant changes to company car taxation since 2002. The decision to extend the CO2 basis from company car scale charges to corporation tax had been extensively consulted upon and therefore came as no surprise. The delayed introduction to 2009 however gives employers time to review fleet policy both from a financial and environmental perspective to ensure it meets the needs of the business and its employees.
Many employers will attempt...
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Gary Hull director at PricewaterhouseCoopers LLP reviews how changes announced in the Budget will impact employers and their employees
Company cars
In continuing the environmental theme started by Gordon Brown in the 12 March 2008 Budget the Chancellor Alistair Darling introduced the most significant changes to company car taxation since 2002. The decision to extend the CO2 basis from company car scale charges to corporation tax had been extensively consulted upon and therefore came as no surprise. The delayed introduction to 2009 however gives employers time to review fleet policy both from a financial and environmental perspective to ensure it meets the needs of the business and its employees.
Many employers will attempt...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
