BIK company car tax

garydc

I work in the motoring industry and have the benefit of a car, I’m on Furlough with no use for the car. How can I save on the tax I pay to use it?

Car_54

Hand it back to your employer.

photome

garydc said:

I work in the motoring industry and have the benefit of a car, I’m on Furlough with no use for the car. How can I save on the tax I pay to use it?

I have colleagues who have been furloughed and they have been given the option of storing their company car at head office, altho not sure that saves them the BIK, tax but I assumed it does