Company car benefit
Review the vehicle, list price, availability, private use and emissions information used for the tax calculation. Keep the records up to date when a vehicle changes.
Fuel benefit
Employer-provided private fuel can create a separate benefit. Record when fuel is provided and whether the benefit is withdrawn or repaid.
Reporting
Report the benefit through payroll or the required end-of-year process. Check the current HMRC rules and deadlines for the relevant tax year.
Official sources.
Check the current guidance before you rely on a rate, threshold, deadline or relief.
Need help with company car reporting?
Swift Accountancy can help organise vehicle records and the payroll or P11D reporting process.
Discuss company car tax