Company car opt out

zygurat789

keef30 wrote: »

We dont know yet... my own circumstances are that we only have one car in the household, the company car. At the moment i can use it however i like for private journeys... and within reason can do as many miles as i want in it, go wherever i want in it... etc..

Its looking like this is going to change, for example i expect they will object to me leaving the car at the pub every friday night!!
How will they know?

In which case i will probably be forced into getting a private car anyway - and i'll still end up paying car benifit tax for a car i cannot use for what i want.

The fact that i live in rural area does'nt help, and that i have loads of private journeys too - its a 20mile round trip to get a bottle of milk after 5pm in the week !

So you have lots of private mieage, looks like you are making a profit, after tax, on the fuel benefit.

The other thing they are asking is for us to record all private milage in detail, which i also object too. Fair enough for me to record the actual mileage - but where i go and what i do in my private time is my buisness not theirs. I'm not even sure if what they are asking us to do is actually legal - i hav'nt got onto that one yet.

Now, how much salary would you need to cover the loan repayments and all the running costs of a car. Less your £4500 +25p per mile for your business miles

keef30

zygurat789 wrote: »

No it's not.
Since you work at home your car is left at work.#

Point being i do not commute to work in my car, like a van user i drive to various locations each day to work. This is not commuting - and so is not private use. As was proven in the case example i have given. I will see if i can find the HRMC deffiniation of commuting somewhere...

zygurat789 wrote: »

Problem is no one will believe you don't have any private use if you have it at home and you only have one car.

Like i have said in another post, i will buy my own car for private use only. As with all our vans, the company can fit a tracker into my car. As i have also said we will be required to record all mileage in detail soon - so unless i lie they would know i'm not using it for private use from these records too.

keef30

They would know i was leaving the car at the pub as i've been told record my private mileage in detail - as i said at the bottom of that post.

I dont think i am making any profit out of it at the moment. I should at deffinatley opt out of free private fuel - i know that. The point being though if I have to buy a private car for the journeys they do not allow (for example abandoning it at the pub, or using it to go on holiday) - i would rather use that car for all private journeys and not use the company car for private use at all, and not pay any tax on it.

(I feel like im repeating myself....:mad:)

zygurat789 wrote: »

Now, how much salary would you need to cover the loan repayments and all the running costs of a car. Less your £4500 +25p per mile for your business miles

Why do you assume i would need a loan to buy a decent car ???? I'm quite capable of servicing repairing my own car too.

I would not use my private car for company use...

hugoshavez

I think it's much more likely in the end that they get you to record your business journeys than your private ones.

We do that - postcode to postcode and I think that's what HMRC expect to see if they audit?

Private miles are then deducted from salary as a proportion of the total fuel spend.

keef30

Still looking for definition of commuting... though i have found a definition on the HMRC site of buisness travel...

Cars for business-only use

Definitions or restrictions

Business use only covers the following two types of journey:

• journeys forming part of an employee's employment duties (such as journeys between appointments by a service engineer)
• journeys related to an employee's attendance at a temporary workplace

Everything else counts as private use.

I'm pretty sure this cover the journeys i make.

keef30

hugoshavez wrote: »

I think it's much more likely in the end that they get you to record your business journeys than your private ones.

We do that - postcode to postcode and I think that's what HMRC expect to see if they audit?

Private miles are then deducted from salary as a proportion of the total fuel spend.

As it stands now we're being asked to record all our mileage on website from a company called "The miles consultancy". I've not been given a login yet, my colleage has though. They're asking for start and end location and the purpose for all trips... It specifically states on the website recording "private mileage" will not be accepted.

Though granted i dont know how long were going to have to do it this way for - it may only be a data gathering excercise... But we have been told we will all be required to do it at some point...