Making the classic choice

Article Abstract:

Classic cars can prove to be an excellent choice for a company car in the UK as they will frequently be cheaper to operate mile for mile than comparable current production models. The use of classic cars for company vehicles offers distinct tax advantages. Scale charges are based on the original market value of the vehicle, which is inevitably lower in the case of a classic car: companies that choose classic cars rather than a similar vehicle of current make will get a car in the bottom threshold. Capital gains upon disposal of a classic can be exempted from capital gains and corporation taxes. Frequently, insurance companies will give cheaper rates for classic cars if mileage is limited to six thousand miles or under.

United Kingdom, Car leasing, Car rental, Contracts, Automobiles, Automobiles, Company, Company cars, Great Britain

---

Road worthies

Article Abstract:

Vintage automobiles have appreciated steeply in the last few years. The annual value of the classic car market in Great Britain is approaching one billion pounds sterling. Because the appreciation of cars is comparable to the appreciation in the art market. It can be assumed that collectors consider antique cars to be works of art, and auction houses are playing a more active role in the market. One tax advantage of antique cars under British law is that they are considered not to be chargeable assets, so no gain or loss accrues to the disposal of vintage cars.

Evaluation, Accounting and auditing, Investments

---

The price of the ticket

Article Abstract:

Issues are presented concerning the professional ethics of accountants. The role of the Institutes of Chartered Accounts and the Office of Fair Trading in regulating the profession is discussed.

Reports, Marketing, Institute of Chartered Accountants in England and Wales, Ethical aspects, Accountants, United Kingdom. Office of Fair Trading

Similar abstracts:

• Abstracts: Banks in the balance. Hospitable locations. The consultancy contradiction
• Abstracts: Beating the odds. Move up the multiples. In search of value
• Abstracts: Outsourcing on the increase. Confidence is everything. Big in Japan
• Abstracts: One terrific place to work. Record numbers. The X-filers
• Abstracts: Investing in the stock market. Go with the merger flow. A valuable legacy

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.