Company Car & Tax

sniffynintendo

I'm lucky enough to have a job with a company car and a fuel card, I've heard this isn't very tax efficient and it's better to:
1) Pay for fuel and expense costs (my private miles are small) or
2) Opt out of company car scheme and purchase own car.

Opinions please!!

jen_br

Hi my husband works for a car company and he gets a company car heres the deal....
you can either havea company car or not... those are your options

now we worked out its about 100-150 per month to have this luxury....based on his wage..

BUT can you buy, maintain, tax, insure, etc etc etc a car for 150 per month?

We couldn't he would need to buy a reasonable car, and the tax and insurance on top of that would just be alot more!

Kimitatsu

MOVING THREADS FOR BETTER RESPONSES


Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]abuse@moneysavingexpert.com[/EMAIL].

Any

Do a search, this question has been done to death...

I will try and find some threads for you.

Any

http://forums.moneysavingexpert.com/showthread.html?t=2066523&highlight=company+car+tax

http://forums.moneysavingexpert.com/showthread.html?t=2041517&highlight=company+car+tax