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Glossary > C > "Car benefit" Definition

Car benefit

Where a company provides an employee with a company motor car which is used privately in addition to company business, a tax liability may arise which will depend on a number of factors including salary and motor car details such as cost, age, engine capacity etc.

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Car benefit - Where a company provides an employee with a company motor car which is used privately in addition to company business, a tax liability may arise which will depend on a number of factors including salary and motor car details such as cost, age, engine capacity etc.

Car benefit : where a company provides an employee with a company motor car which is used privately in addition to company business, a tax liability may arise which will depend on a number of factors including salary and motor car details such as cost, age, engine capacity etc.