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Company Car - Fuel
blackpooluser1
Posts: 1 Newbie
in Cutting tax
I currently drive a company car, for which I have to pay 16p a mile, and also log my trips. Can I swap to a deal where I pay tax over the year and dopnt have to to do recording and paying per mile?
if so, how? and is this available to everyone? I see other people at my place who dont have to fill in such things...
Thanks in advance
if so, how? and is this available to everyone? I see other people at my place who dont have to fill in such things...
Thanks in advance
0
Comments
-
A company car and fuel should be taxed through PAYE. The fuel would be non taxable for PAYE if and only if you repaid the full cost of fuel used.
I suspect the 16p a mile is for this to avoid a taxable benefit arising. A company car (unless pool car) should definitely be PAYE over the year.0
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