Private use contributions to company cars

Private use contributions to company cars

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To prevent me from going nuts, could other readers confirm whether or not the private use contributions towards the use of company cars is chargeable to Corporation Tax?

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By mrme89
05th Feb 2015 15:58

Yes.

 

The company cannot get relief on 100% of the costs when it doesn't bear 100% of the costs.

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RLI
By lionofludesch
05th Feb 2015 16:05

Yes

No-brainer, really.

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By Phil30
05th Feb 2015 16:50

Thanks.

I am having a 'no brainer' of a day time to go home....tomorrow's another day!

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