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Two Company Cars Question
NoNamesLeft
Posts: 11 Forumite
in Cutting tax
I have a car on order with my company through a salary sacrifice scheme where all I do is add fuel, the car is due to arrive end Feb
I am now in the process of application for a job role with the same company which would entitle me to a company car, once again fully funded all I pay is private mileage
My question is would I be able to keep both cars (thinking my wife could use the salary sacrifice car as hers has just been written off, she is covered on the insurance for the company car)
What tax implications if any would be incurred, would the tax office allow it ? would I be able to have the salary sacrifice car with the deduction from my salary and have my company car from my potential new job ?
How would it all work ?
Thanks in advance
I am now in the process of application for a job role with the same company which would entitle me to a company car, once again fully funded all I pay is private mileage
My question is would I be able to keep both cars (thinking my wife could use the salary sacrifice car as hers has just been written off, she is covered on the insurance for the company car)
What tax implications if any would be incurred, would the tax office allow it ? would I be able to have the salary sacrifice car with the deduction from my salary and have my company car from my potential new job ?
How would it all work ?
Thanks in advance
0
Comments
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You can have 5 company cars if you want......will be a hefty benefit in kind though.0
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