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13/10/2016
EMPLOYEE BENEFITS
Advice on new rules for company car taxation
A new tax regime for company cars comes into effect on 6 April 2002. If you have responsibility for fleet management you will need to start planning for the changes now, says the latest issue of People Management magazine.
What you will find in this report
This two-page article summarises the impending changes to the company car taxation system and assesses their impact. For those of you trying to track down information on the internet, it includes some useful sites offering free services.
A final word
The car often rates second behind salary as the most emotive part of the compensation package. There will undoubtedly be winners and losers under the new regime. — Curtis Hutchinson, editor of Company Car and author of People Management report.
Want to know more?
Title: Step on the gas , by Curtis Hutchinson, People Management, 3 May 2001.
Availability: Contact the People Management subscriptions department, tel: 01795 414864 or jump to PM online . . . www.peoplemanagement.co.uk