Tax Benefits and Advantages
We provide a comprehensive range of products to suit any business, and work with our customers to reduce costs and maximise the operational efficiency of their fleet.
We can help you work through the maze of current and future tax legislation as and when it affects your vehicle fleet. The changes to Benefit in Kind taxation and the growth of cash alternatives and car ownership schemes, means it is important for organisations to be fully aware of all tax implications before reviewing their fleet policy.
Key taxation benefits
Contract Hire
- Off balance sheet funding, reducing corporation tax payable
- VAT efficient
Contract Purchase
- Tax efficient for vehicles over £23,000
- no VAT attracted to rentals
Maintenance
- 100% of VAT can be claimed back on the maintenance element of your rental
We can provide you with detailed information on the taxation benefits of each of our different vehicle funding solutions. We will help you find the right balance between the financial and HR benefits for your business – simply pick up the phone and call us on.
