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P11D amount you actually pay for a car or list price?
Tracyk_2
Posts: 345 Forumite
in Cutting tax
dh is thinking of shopping around for a new company car and trying to get a good deal in Jan. Hoping there will deals to be had.
But will he get taxed on the actual list price no matter what he pays for it?
He will pay his own personal fuel so just the car benefit to be included.
But will he get taxed on the actual list price no matter what he pays for it?
He will pay his own personal fuel so just the car benefit to be included.
0
Comments
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dh is thinking of shopping around for a new company car and trying to get a good deal in Jan. Hoping there will deals to be had.
But will he get taxed on the actual list price no matter what he pays for it?
He will pay his own personal fuel so just the car benefit to be included.
It's the list price which counts I'm afraid. Make sure he keeps business mileage logs to demonstrate that only business fuel costs are being met by the company. These are essential if he is to escape the fuel benefit.0 -
It will be the list price plus the cost of any optional extra that are added on.Today is the first day of the rest of your life0
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