Prestige Car Drivers To Pay More In BIK Tax

Thursday, 21. April 2011

Enzo Ferrari

Image via Wikipedia

One of the smaller changes to the benefit in kind tax rules following the budget was the removal of the upper limit when applied to company run prestige cars. In the past there was a limit placed on the list price used when calculating personal benefit in kind tax of £80,000. This has now been removed so taking a Bentley Flying Spur as an example with Read more »