08/06/2026
π Thinking of buying an expensive car through your limited company?
It may not always come with the heavy tax cost people expect.
Depending on the car, emissions, Benefit in Kind rate and Corporation Tax relief available, the numbers may actually work in your favour from a tax perspective.
In this example, we looked at a Range Rover Sport Dynamic SE P460 and compared:
β
P11D value
β
Benefit in Kind tax
β
Employerβs National Insurance
β
Writing down allowance
β
Corporation Tax saving
β
Net annual tax position
The key point?
Donβt assume an expensive company car is automatically a bad tax decision.
With the right vehicle and the right planning, the tax relief available through the company may help reduce the overall cost.
Before buying personally or through the business, itβs worth running the numbers properly.
π© Thinking of buying a car through your company? Speak to M Raza & Co first.
CorporationTax DirectorTax BusinessTax UKBusiness Accountants MRazaAndCo