Get on your bike - Has HMRC got it in for company cars? By Rebecca Benneyworth
With the rail system under criticism from a senior committee of MPs, HMRC have recently announced that they will be further turning up the heat for drivers. Not content with virtually driving the company car off the road, HMRC now intend to raise additional tax from drivers who have switched to their own car for business journeys.
A second stage evaluation of the company car tax reforms implemented in 2002 were published as part of the Budget earlier this year.