The What Investment Guide to Personal Tax takes you through all you need to know about taxing your company car.
Here, we go through the common queries about how much employers and employees alike stand to gain in tax benefits.
Form P11D is a tax form filed by UK employers for each director and for each employee earning over £8,500 per year, and sent to the tax office with which their PAYE scheme is registered.
A PSA stands for PAYE Settlement Agreement and comes into play when a company is looking to settle a benefit in kind with HMRC for employee entertainment, for example, the annual Christmas party.
There have been a number of changes to entitlements,
including how they are measured, which will actually take place on April 11,