Fleet News

Taxmen update booklet

THE Inland Revenue has issued an updated leaflet on the tax treatment of company cars. The leaflet - IR172 'Income Tax and Company Cars' - updates and replaces leaflets IR132 'Taxation of Company Cars from 6 April 1994: employers' guide' and IR133 'Income Tax and Company Cars from 6 April 1994: a guide for employees'.

It takes account of changes introduced from April 6 last year. Copies of the new leaflet are available free from tax offices and Inland Revenue enquiry centres.

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