A pool car tends to be a company car that is not available for private use. The big pro of treating a car as a pool car is that it avoids the BIK for an employee. However, it must genuinely be a pool car.
And Perk is short for perquisite, meaning a payment received in addition to a regular wage or salary.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Hmm so if someone uses a car owned and put through the books of a partnership and they aren't a partner, but use it for going to work and back and personal use then they should be taxed on the to/from work and personal use?
I assume the person you are referring to is an employee of the partnership?
If an employee of a partnership uses a car that that is through the accounts of the partnership for personal use then there is a benefit in kind on them.
They would be charged a fixed amount based on the list price of the car when new and the CO2 emission. If the partnership pays for personal fuel there will also be a fixed fuel benefit unless they make good the cost of the personal fuel.
