Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Breakfast Business with Joe Lynam

Benefit in kind tax increase effecting company cars

06 Jan 2023

Description

Benefit in kind is a tax on perks and is usually applied to the new value of a free company car. As of this week though, the amount of benefit in kind payable by employees for owning a company car has jumped to just shy of €300 a month for an average car. It’s led to many cBenefit in kind is a tax on perks and is usually applied on the new value of a free company car. As of this week though, the amount of benefit in kind payable by employees for owning a company car has jumped to just shy of €300 a month for an average car. It’s led to many employees offering to hand back their company cars, usually leased, to avoid the tax. David Kavanagh is the Vice president of the Vehicle Leasing association of Ireland, which are usually leased, to avoid the tax. David Kavanagh is the Vice president of the Vehicle Leasing Association of Ireland

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.