Is a company car worth it?
Company cars are seen by many as a great benefit to have, with numerous employers offering a company car as one of their benefits in order to entice new employees.
Typically, a company car will be inclusive of insurance, car tax (VED) and servicing/maintenance.
However, while those with company car experience will know, it is important to acknowledge that company cars come with a cost, and it comes in the form of tax.
Therefore, it is prudent to consider both the pros and cons when it comes to accepting and using a company car - so let’s get into the details…