Company cars: Not-so-free fuel
If your employer pays for the fuel in your company car, it may cost you more than you expect.
If your employer pays for the fuel in your company car, it may cost you more than you expect.
Recent data suggests the popularity of the company car continues to fall, but tax cuts on zero-emission cars have prompted renewed interest. Despite the proposed perks, be sure to check that you’ll be better off.
The traditional popularity of the company car perk wanes with 30,000 fewer vehicles on UK roads.
New vehicle emissions measuring standards coming in from 2020 mean the tax benefits from company cars may not be as useful as they once were.