Keeping abreast of the latest regulation regarding company car tax, BIK (Benefit in Kind) and NIC (National Insurance Contributions) is a daunting prospect for company car users and fleet managers alike, especially with the changes to the tax bands announced in the recent Budget.
Just launched by Toyota and Lexus Fleet Services, the Company Car Tax Guide is the first such car manufacturer-developed app in the UK and aims to make the complicated matter of tax much easier to follow. Available across a range of devices - from Apple and Android smartphones to tablets and PCs - the app provides a clear explanation of how business cars and vans are treated for tax in the UK, allowing users to calculate BIK (Benefit in Kind) and NIC (National Insurance Contributions) over a three-year period.
"The launch of the Company Car Tax Guide is another step in our strategy of offering an all-round, added value service for company car users and fleet operators, said Ewan Shepherd, General Manager Toyota and Lexus Fleet Services. "This interactive application is easy to use and really takes the headache out of potentially timely tax calculations."
For further information on the Company Car Tax Guide visit
www.toyotalexusfleetservices.co.uk or download the smart phone versions from
Google Play or the
App Store.
Paul Healy - 11 May 2012