EIM31500 - Employee Car Ownership Schemes (ECOS): contents

Introductory remarks, common to this section of the guidance

Unlike car benefit (EIM23000) and car fuel benefit (EIM25500), no single body of legislation deals with ECOS. Instead, the relevant law when considering ECOS is drawn from various parts of the employment income and NICs legislation.

This guidance does not attempt to cover all relevant parts of the legislation in detail. Instead, it seeks to draw the essential aspects together in order to identify where tax and/or NICs can be payable under the normal benefits and expenses rules as they apply to ECOS.

The same principles apply to ECOS vehicles as to any privately-owned vehicles used for business travel.

Unlike the remainder of this manual, EIM31500 to EIM31599 cover both tax and NICs.

Index

1. EIM31501

   Description
2. EIM31505

   Reviewing a scheme
3. EIM31510

   Tax and NICs consequences of using ECOS arrangements
4. EIM31520

   Transactions in favour of the employee
5. EIM31525

   Money payments received by the employee in person
6. EIM31530

   Payments of employee’s personal (pecuniary) liability
7. EIM31535

   Benefits in kind: payments for employee’s benefit or loan of asset
8. EIM31540

   Loans
9. EIM31550

   Tax relief for expenses of business travel
10. EIM31580

    Payments to the employee in person in connection with business mileage: tax treatment
11. EIM31585

    Payments in connection with use of the vehicle: NICs treatment
12. EIM31590

    Employer’s PAYE responsibilities
13. EIM31595

    PAYE Settlement Agreements (PSAs) and similar arrangements