What are the tax benefits of business car leasing?
Business lease deals are a great option for those looking to lease a car through their business or offer their employees benefits such as company cars.
You can make huge VAT savings on your monthly payments by taking out a business car lease, while they also come with a host of additional tax benefits. By leasing a car, you also free up cash flow that simply would not have been possible if you were to buy a car outright.
Having a clear understanding of the exact money being paid towards a company car each month can give you financial peace of mind and a hassle-free driving experience for you, your team and your fleet.
From Benefit in Kind (BiK) to National Insurance, business car leasing can come with huge tax implications, so we've compiled this helpful guide to provide you with all the information you need.