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Taxable benefit to employees with leased Cars

Leased cars taxable benefit to employees

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I need advice on the taxable car benefit (if any) to employees who drive cars leased by their employer

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By Kevin Kavanagh
13th Dec 2019 13:33

What sort of advice? If you're not even sure if there is a taxable benefit or not you really need to advise your client to look for tax advice elsewhere.

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By paul.benny
13th Dec 2019 14:10

Really?

You're providing accounting and tax services and (a) don't know about company car benefits and (b) lack the wherewithal to find the answer for yourself*?

I do not mean to be rude but it rather suggests that you're lacking some fairly basic knowledge for your line of business.

* hint: try gov.uk

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Replying to paul.benny:
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By Angela Weise-Bent
13th Dec 2019 15:20

Wow! I wish I never asked now...
I do know all about company benefits and car fuel benefit charges and have always done so. It may have sounded like a stupid question but I just wanted to confirm that the same rules apply to cars that are leased rather than owned by the company.
Thank you for your response anyway, albeit rather rude.

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Replying to Angela Weise-Bent:
By Paul D Utherone
13th Dec 2019 15:25

Angela Weise-Bent wrote:

It may have sounded like a stupid question but I just wanted to confirm that the same rules apply to cars that are leased rather than owned by the company.


It's a car provided by the company to the employee, so yes they do if it's not exempt for any other reason
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Replying to Angela Weise-Bent:
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By Tax Dragon
13th Dec 2019 15:32

Angela Weise-Bent wrote:

I just wanted to confirm that the same rules apply to cars that are leased rather than owned by the company.

Why didn't you say so?!

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Replying to Angela Weise-Bent:
RLI
By lionofludesch
13th Dec 2019 15:55

Angela Weise-Bent wrote:

I do know all about company benefits and car fuel benefit charges and have always done so.

Apparently not.

You question was far too open and wasn't even a question.

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Replying to lionofludesch:
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By JDBENJAMIN
14th Dec 2019 23:44

She is not of a Wise-Bent in basic tax matters, or in the ability to phrase a question properly.

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By Matrix
13th Dec 2019 15:02

Are they pool cars? What do you think the taxable benefit would be?

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By Tax Dragon
13th Dec 2019 15:12

Are you simply asking for fee quotes? Else I really don't get the question.

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