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Company Car
EdwardR_2
Posts: 21 Forumite
in Cutting tax
Hi, I'm after a little advice.......
Basically I've been offered a new job which involves a company car. I know very little of what this entails for me. I've heard some good and bad stories regarding the benefits of having a company car. All I'm really after is the basics and what this means to me in financial terms.
I think the car will be an Audi A3 but not sure on engine size etc.
Any help would be much appreciated! :cool:
Thanks
BTW i'm a new poster so apologies if this is on the wrong thread
Basically I've been offered a new job which involves a company car. I know very little of what this entails for me. I've heard some good and bad stories regarding the benefits of having a company car. All I'm really after is the basics and what this means to me in financial terms.
I think the car will be an Audi A3 but not sure on engine size etc.
Any help would be much appreciated! :cool:
Thanks
BTW i'm a new poster so apologies if this is on the wrong thread
I am a mortgage adviser - MSE does not check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice
0
Comments
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Tax is charged on the list price of the vehicle and its CO2 emissions. The benefit is reduced pro rata if yu nly have the car for part of the year. You have to make the judgement as to whether you could run your own vehicle for less than the tax charge on a company car.£705,000 raised by client groups in the past 18 mths :beer:0
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