The textbook of vehicle management and leasing, fully updated to October 2011.

A comprehensive guide for the beginner and expert.

Written by Colin Tourick, published by Eyelevel Books in association with ALD Automotive.

3rd edition published October 2011.

The taxation chapter has been developed in conjunction with KPMG.

You can read some reviews of this book here and see the contents pages here.

550 pages. 207,000 words. ISBN 9781902528328. £60 paperback, £60+VAT pdf ebook.

A few copies of the 1st and 2nd editions of this book are still available.

Companion edition Company Car and Van Tax 2011-12 is available here.

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This extract from the introduction to Managing Your Company Cars 3rd edition explains the relationship between the two books:

Tax is the one issue that has always caused a problem for the publisher. It is such an essential fleet topic and any fleet manager will rightly expect to be able to find the answers to all of their tax questions in this book. The problem, of course, is that this book is not updated annually so the tax chapter gets out of date very quickly. This in turn tends to make the book age rather quickly.

I have finally solved that problem by producing two manuscripts.

• Company Car and Van Tax, a brand new publication that sets out the tax rules in detail.
• Chapter 17 Managing Your Company Cars, which explains the tax rules and concepts without referring to any particular year’s rules or tax rates.

Those two manuscripts are very similar. Chapter 17 of Managing Your Company Cars will give you a broad understanding of the employer’s and employee’s tax positions but if you want to see the tax rates and examples for a specific year you’ll need a copy of Company Car and Van Tax.

Introduction

The employer’s tax position

Motor expenses; Capital Allowances; Background; First year allowances; Writing down allowances; Private use by a sole trader or partner; Periods less than or greater than one year; Annual Investment Allowance; Very expensive cars; If the employer leases a vehicle; Cars; Motor cycles; VAT; VAT on purchase and sale of vehicles; VAT Qualifying and VAT Blocked cars; Partial exemption; Vans; VAT on motor expenses; Free private fuel; Mileage allowance payments; VAT on finance payments; Class A national insurance contributions; Road fuel duty

The employee’s tax position

Carbon dioxide based car benefit tax; The cash equivalent; Emissions-based ‘appropriate percentage’; Diesel cars; Other fuel types; Classic Cars; Capital contribution; Disabled drivers; List price; Car not available; Employee Private Use Contributions; Transactions at undervalue; No private use; Pool cars and vans; If cars are shared by several drivers; If many cars are driven by one driver; Demonstrator and courtesy cars; Chauffeurs; What is a car?; Free parking; The self-employed; Tax on private use of vans; Van benefit; Van fuel benefit; Tax on private use of other forms of company transport; HMRC Approved Mileage Allowance Payments (AMAP); Tax on business fuel; Tax on free private fuel in cars; Calculating the fuel charge on a company car; Calculating whether you benefit from taking free fuel; Car sharing; Minibuses; Congestion Charging; Taxation of Employee Car Ownership Schemes (ECOS); Tax and NIC consequences of ECOS; Employers’ PAYE responsibilities; PAYE Settlement Agreements; Taxation of Salary Sacrifice schemes; Cyclists’ meals on ‘cycle to work’ days

Exercises

Glossary

Index