Lex Autolease believes the number of company car taxpayers could drop from 940,000 to 832,000 by April 2020 as a result of OpRA tax changes and WLTP.
The Chancellor has confirmed in the Finance Bill that the Government will tax the ‘package’ of benefits received by salary sacrifice drivers with their car.
Data helps the energy company identify savings and efficiencies, while planning keeps the fleet relevant and compliant, reports Stephen Briers
Insurance, maintenance, tyres and breakdown cover could now be taxed when provided via a so-called Optional Remuneration Arrangements (OpRA).
Fleet Evolution is offering free consultancy to small businesses following the confusion caused by the impact of the WLTP, and the OpRA.
Val South explains how Xerox has had to rethink its employee car ownership scheme as a result of last year’s new tax rules. Sarah Tooze reports
By Alastair Kendrick, employment tax specialist
Employers need to be wary of falling into potential tax traps under controversial changes affecting company car schemes in the next few years, a tax expert has warned.
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