Tyas & Company
Chartered Accountants, Registered Auditors, Tax, Financial & Business Advisors

Company Cars

Does having fuel from your employer and paying tax on the fuel benefit in kind save you money? 

A number of factors need to be considered but with the ever increasing cost of fuel it could now be a viable alternative.   

The company car driver is seen as a source of revenue and increases in company car benefits are set to continue. 

Whilst the type of car that you want to drive can be a personal decision, the most effective strategy is to try to balance minimum emissions with a low list price. 

Electric cars, whilst currently having zero benefits in kind, are probably not an option for most people due to the high price, limited range and unknown maintenance costs.  

We can calculate the cost of the various options available to you. 

 

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Stephen Tyas                             Stephen Ayres

 

 

Registered to carry on audit work in the UK by the 
Institute of Chartered Accountants in England and 
Wales and authorised and regulated by the 
Financial Conduct Authority for investment 
business

Contact Us

Telephone: 01293 843900

Fax: 01293 614312

Email: reception@tyas.com  

5 East Park, Crawley, West Sussex, RH10 6AN