This content is restricted to Forum members only. If you are an existing member, please log in below using your username and password. If you're interested in becoming a member of the Forum, please visit this page.
We asked a tax expert what help you can get to make buying a company car more affordable. Cars are treated as capital assets for tax purposes and tax relief is given in the form of annual capital allowances, rather than a deduction for the cost of the vehicle. This means that the cost of buying the vehicle is not deducted when calculating your profit or loss for the year, but instead a proportion of the cost is given as a deduction each year until the vehicle is sold or the full original cost has been deducted. Cars with emissions