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The Aylmer-Kelly Partnership can advise employers in the Corsham 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 Corsham area and would like more information on pooled cars and vans, contact The Aylmer-Kelly Partnership.
We offer a tailored personal tax planning service to minimise your personal tax liabilities.
We deal with the routine matters of business tax, PAYE, National Insurance and VAT.
We can assist you in producing either monthly or quarterly management accounts on a regular basis.
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.
21 Oct 2020
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