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High emissions?
sistafromanothermista
Posts: 2,230 Forumite
in Motoring
Hi,
I have recently been given a company car and on Friday received my new tax code through (i've never had a company car before)
My new tax code has gone from 1000l to 358T as apparently the emissions on the car are high (I have checked it is 120) is this high?
It is a 2014 Passat estate.
Apparently, i will be paying an extra £160 per month for having this facility. Does this seem really expensive?
I have recently been given a company car and on Friday received my new tax code through (i've never had a company car before)
My new tax code has gone from 1000l to 358T as apparently the emissions on the car are high (I have checked it is 120) is this high?
It is a 2014 Passat estate.
Apparently, i will be paying an extra £160 per month for having this facility. Does this seem really expensive?
DEBT FREE AND PROUD
'Better to remain silent and be thought a fool than to speak out and remove all doubt'
0
Comments
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It's not just the emissions, it's the value of the car too.0
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Its a change in your tax free allowance, not the amount of tax you pay. 1000L to 358T, means you'll pay 20% tax on an additional £6420 of your income = £107 per month, extra tax for the rest of us to enjoy. 120 is not high, I had an old ford fiesta that was 175.0
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