How do Company Cars Work? A Complete Guide
When you’re looking at ways to reward staff or support day-to-day operations, company cars often come into the conversation. But before handing over the keys, it’s essential to understand the rules, responsibilities, and tax implications around this company benefit. In this guide, we explore the question, 'How does a company car work?' covering all the information you'll need to help you make an informed decision that is the most tax-efficient for your business.