by Michele Fensom | Jan 2, 2026 | Employee Benefits
Employees with company cars may be paying unnecessary tax on private fuel, when reimbursing the cost of private fuel in full can often remove the car fuel benefit charge altogether. Where an employee is provided with a company car and fuel for private use, the default...
by Michele Fensom | Dec 18, 2025 | Employee Benefits
As an employee, you pay tax on certain company benefits, such as cars, accommodation, and loans. Your employer calculates the tax you owe and deducts it through Pay As You Earn (PAYE). The amount of tax depends on the type and value of the benefit. Some company...
by Michele Fensom | Nov 6, 2025 | Employee Benefits
There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as a bottle of wine or a bouquet of flowers) that are occasionally given to employees. This exemption enables employers to offer modest, tax-efficient rewards while...
by Michele Fensom | Oct 30, 2025 | Employee Benefits
The tax you pay on the use of a company car depends largely on its CO2 emissions, so choosing a lower emission or electric vehicle can make a significant difference to your overall tax cost. The benefits in kind (BIK) tax on company cars can be quite significant, with...
by Michele Fensom | Sep 11, 2025 | Employee Benefits
Using your own car or bike for work travel? You may be able to claim tax relief for business mileage. If you are employed and spend your own money on items needed for your job, you may be eligible to claim tax relief on those expenses. However, you can usually...
by Michele Fensom | Jun 12, 2025 | Employee Benefits
Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are not missing out on HMRC-approved rates. If you use your own car, van, motorcycle, or bicycle for business journeys, you may be entitled to a tax-free mileage...
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