Company Car v Van – the tax difference

Company Car v Van – the tax difference

Company cars and vans, when used privately by employees are treated differently for tax purposes, with vans generally treated more favourably than cars. We look at the grey area of multipurpose vehicles.

Keep a watchful eye on trading status

Keep a watchful eye on trading status

In part 7 of our Tax Planning Guide series, Cassandra Graham, Senior Tax Manager at Bates Weston urges us to keep a watchful eye on trading status, as the tax implications are significant.

Tax planning and asset protection

Tax planning and asset protection

In a time of economic uncertainty, thoughts turn to asset protection – protecting business assets should your business suffer and passing on personal assets to future generations.