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Author Company Car
JM_16v
Member
Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
9th Jun 09 at 19:47   View User's Profile U2U Member Reply With Quote
How harsh is the tax on a company car in % Terms
Daniel_Corsa
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Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
9th Jun 09 at 19:49   View Garage View User's Profile U2U Member Reply With Quote
depends on what car!

April '06' Corsasport Feature Car | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
Daniel_Corsa
Premium Member

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Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
9th Jun 09 at 19:52   View Garage View User's Profile U2U Member Reply With Quote
Link to Calc

April '06' Corsasport Feature Car | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
Bram
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Registered: 25th Mar 02
Location: Derby
User status: Offline
9th Jun 09 at 20:04   View User's Profile U2U Member Reply With Quote
I've had a 58 plate Focus 2.0 TDCi Titanium from new, costs me about £60 a month in real terms. Not bad for saying thats insurance, tax, servicing, tyres, breakdown cover, depreciation etc all being taken care of!
JM_16v
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Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
9th Jun 09 at 20:05   View User's Profile U2U Member Reply With Quote
found that!

just was wondering roughly, 10% 20%

not had an offer yet
JM_16v
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Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
9th Jun 09 at 20:06   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Bram
I've had a 58 plate Focus 2.0 TDCi Titanium from new, costs me about £60 a month in real terms. Not bad for saying thats insurance, tax, servicing, tyres, breakdown cover, depreciation etc all being taken care of!

kinda thing i wanted to know
Gareth
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Registered: 2nd Mar 00
Location: Derby, Drives: EVO VIII MR & pug 308
User status: Offline
9th Jun 09 at 21:23   View User's Profile U2U Member Reply With Quote
pay £70 for mine
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
10th Jun 09 at 07:37   View Garage View User's Profile U2U Member Reply With Quote
You have to pay for fuel though, yeah?

YOu can have a personal fuel allowance, Dad gets that.

Pays £130 odd for a Prius, everything included, personal fuel as well.
M16KE B
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Registered: 24th Feb 04
Location: Stirling
User status: Offline
10th Jun 09 at 07:49   View User's Profile U2U Member Reply With Quote
i pay £90-100 p/m for my 1.9 TDi Jetta. all fuel included. Also, servicing, tyres, etc is all included.
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
10th Jun 09 at 07:51   View Garage View User's Profile U2U Member Reply With Quote
Does it shift if you earn more? (20% or 40% band?)
DaveyLC
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Registered: 8th Oct 08
Location: Berkshire
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10th Jun 09 at 07:55   View User's Profile U2U Member Reply With Quote
I wish my place did company cars
BYRON
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Registered: 1st Jun 04
User status: Offline
10th Jun 09 at 07:57   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by pow
Does it shift if you earn more? (20% or 40% band?)


Yes.

Your tax is based on the p11d price of the car & the c02.
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
10th Jun 09 at 07:57   View Garage View User's Profile U2U Member Reply With Quote
A company car would mean more expence for me beause i'd HAVE to have something to fiddle with of a weekend
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
10th Jun 09 at 07:58   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by BYRON
quote:
Originally posted by pow
Does it shift if you earn more? (20% or 40% band?)


Yes.

Your tax is based on the p11d price of the car & the c02.


Thats why a Prius costs more than a Jetta then Ta
DaveyLC
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Registered: 8th Oct 08
Location: Berkshire
User status: Offline
10th Jun 09 at 08:02   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by pow
A company car would mean more expence for me beause i'd HAVE to have something to fiddle with of a weekend


Thats the point though cheaper to have a company car as a daily driver (dont have to worry about insurance/tax/mot/servicing) and then have something fun for the weekends
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
10th Jun 09 at 08:04   View Garage View User's Profile U2U Member Reply With Quote
I want a Mito
Bram
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Registered: 25th Mar 02
Location: Derby
User status: Offline
10th Jun 09 at 18:26   View User's Profile U2U Member Reply With Quote
I don't have a fuel allowance but I claim my 'business' miles back through expenses. I like to go the long way round to everywhere
AlunJ
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Registered: 3rd Apr 07
Location: Newport
User status: Offline
10th Jun 09 at 18:38   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by pow
I want a Mito


+1
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
10th Jun 09 at 18:39   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by DaveyLC
I wish my place did company cars


+1
dannymccann
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Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
11th Jun 09 at 08:16   View User's Profile U2U Member Reply With Quote
Also, if you do get offered one you either need ALL fuel paid for by the company (on a fuel card/credit card w/e), or none at all.

If you put partial contribution towards fuel you get taxed fully on the chargeable amount set by HMRC

 
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