Back in fashion? Many companies that rushed into offering cash alternatives to company cars are now changing their minds

Article Abstract:

Changes introduced in 2002 to company car tax coupled with a decline in its perceived value as a status symbol, have diminished its popularity in the past five years, but reports show that the decline in the company car's popularity is leveling out. More companies may switch over to the company car option as it is an easy-to-manage, cost-effective, and reliable option, besides other factors such as concern for the environment and safety precautions also drive companies back to fleet ownership.

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Revving up for a comeback?

Article Abstract:

The company car, which began to decline in popularity in the early 21st century, could offer a solution to those who pay hefty congestion charges in the U.K.'s cities. Several examples that illustrate different ways in which the congestion charge and the company car rules could work together are presented.

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Changing gear

Article Abstract:

A new tax law has been passed governing company car taxation. One of the changes involves calculations based on the level of the car's carbon dioxide emissions instead of using business mileage.

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