Oct. 7, 2023 One-car household We have been a one-car household for 8 years now. My work at a university makes it easier to find places to live where that’s possible, but we’ve always had to make intentional choices about our specific locations to make that work. ...
Rented From 2023-04-03 Great service by the team. On time pick up and drop off, the office is about 10min from the airport. The cars are in great condition and the team is super helpful. Will definitely use their service next time. Highly recommend them if you are looking to rent a...
Using granular gas price data and rich variation in corporate tax rates, we find that corporate taxes increase consumer prices. About 64% of the corporate tax is borne by consumers. The effect is stronger when firms have limited acces...
In April 2020, the BIK rate for fully electric cars was reduced to 0% for the tax year 2020-2021, and then increased to 1% for 2021-2022 and 2% for 2022-2023. The 2% Benefit in Kind rate has now been frozen until 2025, so electric company cars drivers can continue to enjoy reduced...
If you buy a car via your own limited company, there are several tax considerations to consider. Read our no-nonsense guide to work out the real cost.
You have to pay interest on the entire cost of the car. You may have to pay more sales tax. You should make a large down payment. The car’s future value is unknown. The warranty will end. Buying a Car Is More Expensive in the Short Term Monthly car payments are almost always highe...
But instead of using the new $600 threshold right away, the IRS applied the previous reporting threshold for the 2022 and 2023 tax years. For the 2024 tax year, the IRS is using a $5,000 threshold, regardless of the number of transactions. The thres...
The sellers market for EVs may have ended in 2023, and the cost of an electric cars is still in flux. Let’s talk about why EV car prices are on their way down: When Will Electric Vehicle Costs Go Down? Updated 1/16/2024 In response to new Federal law that changed which vehicles ...
CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2023. Highlights: CarMax’s share of the nationwide age 0-10 year old used vehicle market remained at 4.0% in calendar year 2022. Gains in the first
In particular, when the incidence of the corporate tax falls on the firm, firms avoid more taxes. This tendency is stronger if firms use a higher level of capital input, if the deductibility of the cost of capital investment is limited,...