Maximise NIC savings on business mileage for cash allowance takers!
Does your business offer a cash allowance in lieu of a company car? Do you reimburse business mileage at a rate lower than 45p? If so, listen up!
TMC are on hand to support businesses and enable them to enjoy the maximum NIC (national insurance contribution) exempt amounts that HMRC allow where employees use their own vehicle for business.
The Cash iQ solution allows you to make historic and future NIC savings on business mileage for both the employee and employer. It’s a real win-win!
We’re just over two months out from a new tax year, so the time is ticking to put in potential historic claims. Act now or miss out!
Speak to us today by visiting our website form.
