Contribution for Company Car - Any Tax implications?

Enfieldian

A quickie, I hope.

I worked for a company for 2 years who provided a company car with the values (and/or CO2 emissions?) stated on the P11D, from May 2005 to May 2007.

During this period I had a deduction of £30 per month from my Nett salary marked on my payslip as "Car Contribution"

Any thoughts on this as it seems to me that I was paying full tax and then a "stealth tax" to the company , I say stealth as this was never mentioned during the interview or on the contract of employment.

I may be clutching at straws but this company managed to balls up my PAYE for two years resulting in me having an unpaid tax bill of £2,000+ so I am trying to reduce this in any way possible.

(In the other 10 years I have been doing self assessment returns I have always had a rebate of some form!)

Thanks in advance.

fengirl_2

Your monthly contributions for the use of the car should have been take into account on the P11d so that you paid tax on the car benefit, less the £360. if this wasn't done correctly, you need to get confirmation from the company in writing and then present it to HMRC.

doodle_bug

When I made contributions to my company car the contributions were shown on the p11d, if they aren't on your p11d contact the tax office and tell them. It could make a difference if the £30 was towards the cost of fuel, I pay for any fuel I use for personal use and obviously can't claim that against the car tax.

Enfieldian

Thanks guys,

It turns out it was actually £40 a month, I found my old payslips last night.

Should help bring that tax account down quite a bit, especially if I combine it with my 08/09 mileage claim.