How to calculate your company car tax
How to calculate your company car tax
Aug 8, 2023
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A company car worth €60,000 can cost €9,000 in Benefit in Kind every year. No relief, no depreciation. A yacht of the same value? €1,500 in year one - falling each year after. This is how the system is structured. Cars get the heavy charge, lifestyle assets often don’t. For advice on structuring benefits, visit taxunwrapped.ie #taxtips #taxstrategy #taxplanning #bik #companydirectors #irelandbusiness | Tax Unwrapped
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