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Company Car, taxable?
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My OH has a company car and the tax takes into account how much the car is worth, for some reason they keep changing his tax code tho and am yet to find out how its gonna mess with child tax credits
, it does seem like alot of tax but when you think of the upkeep of your own car it evens out, he had a van hit his car last year too and it was so stress free cos it was all sorted through work.:T
Also i remember he had to inform the tax seperatly of his fuel allowance too as they dont automatically assume that you get paid towards fuel and someone he worked with hadnt thought to inform them about fuel and ended up owing a years worth of tax.:eek:0
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