This book shows the simple measures you can take to minimise your business travel tax bill. It provides tips on how to make your travel more tax efficient and highlights the traps to watch out for. You'll quickly see where savings can be made, always in a legally secure way. It's essential reading for every business.
This book covers the tax treatment of:
Company cars, vans, motorcycles and other vehicles
It's split over several easy-to-navigate sections, each one dealing with a different aspect of business travel:
Differences between directors, employees and the self-employed
Capital allowances rules
Special rules applying to vehicle leasing
National Insurance implications
Business travel in its various forms has long been one of the Taxman's most fruitful hunting grounds. If he can find a way, he'll tax it. In no-nonsense language, this book helps you bypass HMRC to get the most out of the tax system.
Covers Finance Act 2015 and Finance Bill 2016
Who's it for?
Company directors/shareholders, financial advisors, accountants.