Your Business Profile

To get started with our 'Cash or Car' analyser we need some information about your business.

Business Tax Rate

This is the corporation tax rate paid by your company - if you're not sure of the rate use the sample rate we've put into the box to get you started.

We need this information to calculate the effect of tax relief for your vehicle's finance costs.

VAT Periods

This is duration of your VAT returns, typically monthly (large businesses), quarterly (medium sized businesses) or annually (small businesses).
If you aren't VAT registered select 'Annual' and put '0' in the box for 'VAT recovery rate'.

VAT recovery rate

If you are VAT registered you will probably recover all your input VAT so leave the VAT recovery rate at 20% (the current standard rate of VAT).

If you only get back part of your VAT put in the percentage you recover.

For example, the standard VAT rate is 20%. If you only get back half of your input VAT put in 10% (half of 20%).

Remember to press the 'Enter' key after your entry.

Your Data

When you provide this information we don't keep it - it's erased from our systems after you leave our web site.

Remember, though, that your web browser may keep some of the information.

You should therefore consider closing your browser window, clearing your browser history/cache/cookies and any other appropriate security measures after entering business details into your web browser, particularly if you are using a public computer.

Not sure of the answer to any question?

Don't worry, use the sample data provided to get started - you can then change your answer later if necessary.

Want to know more about business finance for new vehicles?

Then click here for more information on the types of finance available from us for new cars and vans.

Help!

About Our Cash or Car Analyser

Our 'Cash or Car' analyser can help you cut through the issues around whether or not to provide cash allowances instead of company cars.

The analyser will compare the cost, tax and VAT implications of traditional business funding for a car (or fleet of cars) and providing cash allowances instead.

You can compare cash allowances with:

• buying outright;
• finance leasing;
• contract hire
• contract purchase; and
• hire purchase

The results of our 'Cash or Car' analysis will show you the vehicle finance approach that will provide the best finance route for your cars from our finance products.

Getting Started

To start the 'Cash or Car' analyser we need you to provide some basic details about your business.

To help we have provided some sample data about busines tax rates, employer's NIC, VAT recovery and return on capital invested in the business.

If you are not sure about the data for your business just use the sample information; you can change it later if necessary.

Once you have completed the business profile just click on the 'Next Step' button to select a vehicle.

More About Business Finance »
More About Providing Cash Allowances >>