BIK for Car Use

Both partners are employed by and co-own the company. The husband has been provided a company car, subject to standard taxes and BIK regulations. If the wife is added as a secondary driver on the car insurance policy, will this result in any additional benefits or will the single benefit charge (on husband) suffice?

Hi,

You will need to contact our Income Tax team with the details of the agreement for the company car for advice.

Income Tax: general enquiries

Thank you.