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Car schemes, the enviroment and this government
No CommentsWhy will this government not admit that the majority of its “green” measures are just effectively a secret additional tax – take cars for example we are getting taxed to death on the price of fuel, vehicle excise duty, company car benefits etc but we are too polite as a nation when are we going to sit up and take notice that we are being conned left right and centre. If you think that’s a bit harsh then think about it
- what is the cost of oil – has the price risen or dropped – what about the price of fuel
- Road fund tax – what is this being spent on because it certainly isn’t roads and we now have a “special” allocation in the Budget for road repairs – where is this money coming from?
- public transport – trains are like meat wagons but remember you’re not paying for a seat just the privilege of auditioning as a sardine
- allowances mentioned in the Budget are currently a sham – a reduction by half of the percentage used to calculate the taxable car benefit if the car has a CO2 emission level of between 0 -75g/km sounds good but the FACT is there aren’t ANY cars in this country with emissions this low, the lowest is 88g/km – so what an excellent “giveaway”
- Electric cars – where is the infra structure to support them
So this employment tax expert says forget all the spin that’s out there and look at what you can do for you and your employees, because you can:
- Save tax and NIC
- Be enviromentally friendly; and
- Keep both your employees and the Board Room happy
Employee car ownership schemes and car salary sacrifice schemes are a real winner if constructed correctly – what have you got to lose, give us a call on 0800 917 9176 and see how we can shape the enviromental future of your car scheme as well as saving you money
Published on April 8, 2010 · Filed under: Car Fleet Savings, Cars, Green Car Issues, Salary Sacrifice; Tagged as: car fleet savings, car salary sacrifice, car salary sacrifice schemes, car schemes, cash for car schemes, employee car ownership schemes, employment tax expert, salary sacrifice, tax savings
