Summer 2009 Newsletter Content Pot and kettle No more stealth Pensions hit A place in the sun Ready or not... Nice motor Making allowances Good times, bad times Tax-free checkup Three square meals Funny question Dividend rules OK? Too good to be true? Pay my friend Early EIS Mind the halfpennies Just the ticket Flat rate changes Foreign Service This year, next year Partial exemption Penalties Compliance checks Under their eye Howzat? Know your rights Discipline Don't be mean Redundancy Two sorts of absence Warranties

Nice motor Employees pay tax on their company cars according to the car's CO2 rating and its list price. The percentages run from 10% to 35%, and at the moment the list price is capped at £80,000. So the absolute maximum taxable figure is £28,000. In 2011/12 they will lower the CO2 thresholds again, which will nudge the percentage up one notch for most people. They will also remove the £80,000 cap, which will have a significant effect on those people who drive a company car which cost more than that - if the list price is £200,000 the taxable figure will jump to £70,000. Keep that in mind if you drive an expensive company car.