We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards