New rules for benefit in kind on company vehicles could increase employees' tax bills.

FURTHER CHANGES TO COMPANY VEHICLE BIK RULES FOR 2023

Temporary measures to reduce impact on employees By  Robert Lohan C.T.A., F.C.A.  Last October’s budget indicated that the system of calculating BIK on company vehicles would encourage the use of electric and lower emission vehicles. However, the impact of these changes on employees’ take home pay on top of the cost of living crisis, has […]

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