Andrew
Member
Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
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What are you charged Tax wise on something that costs around £200 rental per month?
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Gareth
Member
Registered: 2nd Mar 00
Location: Derby, Drives: EVO VIII MR & pug 308
User status: Offline
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pay £70 for mine unsure of lease cost though never been told
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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You pay tax on a percentage of the value of the car, this percentage depends on the cars value & its emissions
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James_DT
Member
Registered: 9th Apr 04
Location: Cambridgeshire
User status: Offline
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It's not based on what the lease is per month. As said, it's on the car's list price and emissions.
I haven't actually paid any tax on it yet, which is odd.
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Bram
Member
Registered: 25th Mar 02
Location: Derby
User status: Offline
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I have a 58 plate (since brand new) Focus Titanium 2.0 TDCi Duratorq. Works out about £60 a month but comes out of your tax free earnings so you don't really miss it (if you get what I mean).
Not bad for saying it gets serviced when needed, taxed, insured, maintained etc etc!
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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Dad pays about £130 for a Toyota Pruis, private fuel included.
Madness really, he does 2000+ miles a month and uses more then £140 in fuel, let alone the value/use/abuse of the car.
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BYRON
Member
Registered: 1st Jun 04
User status: Offline
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quote: Originally posted by Andrew
What are you charged Tax wise on something that costs around £200 rental per month?
Tax implications aside, £200 wont get you much at all. Maybe an Aygo or similar?!
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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Audi A3 Sportback 2.0 TDi = £230 a month, private fuel included.
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TurboChris
Member
Registered: 31st May 02
Location: L'pool,drives ESCORT COSSIE,EVO 9 GT, BMW 525D MSP
User status: Offline
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This will work it out
http://cccfcalculator.hmrc.gov.uk/CCF0.aspx
Chris
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James_DT
Member
Registered: 9th Apr 04
Location: Cambridgeshire
User status: Offline
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That says I should be paying about £50 a month.
That's not bad at all.
£50 essentially covers the lease (Golf 1.9 TDi Match), insurance, tax, tyres, oil, servicing, other maintenance, repairs.
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