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  • FIRST POST
    freddieT
    Company car and fuel card tax
    • #1
    • 25th Jun 12, 9:05 PM
    Company car and fuel card tax 25th Jun 12 at 9:05 PM
    A role I have been offered comes with a company car and a fuel card with all private mileage included (or so i understand it) and am tyring to work out what this will cost me annually.

    I think I have figured out the car element, based on a BMW116d I will pay 40% tax on 13% of the list price. this equates to about 1,086 (20885 * 0.13 * 0.40).

    in terms of the fuel though i am struggling to understand how this works. the company will provide me with a fuel card to fill up the car every time I am at the pump. I will commute 30k milles per year and probably do about 7k miles of private usage.

    This being the case can anyone tell me how to calculate what tax i will pay based on these 37k miles per year. i think commuting is classed as private so i essentially will not be doing many (if any) "business" mileage. the reason i am getting a fuel card is becuase the commute is hefty...!

    thanks to anyone who can provide any help and advice.
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