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Posted Mon, 11 Mar 2024 14:36:10 GMT by M Ali
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?
Posted Mon, 18 Mar 2024 13:15:32 GMT by HMRC Admin 19 Response
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.

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