Company cars and vans, when used privately by employees are treated differently for tax purposes, with vans generally treated more favourably than cars. We look at the grey area of multipurpose vehicles.
What is the position for the Benefit in Kind (BIK) on a company car whilst an employee is working from home or has been furloughed?
The difference between a company car and a van is not just aesthetic or practical, it has an impact on your tax bill.
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