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Salary Sacrifice Company Car Calculator.
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1975damo
Posts: 22 Forumite

Hi,
I am in the process of ordering a new company car through work. I wondered if anyone knows of a calculator to work out if I would be better off with using the company car scheme or getting via the company salary sacrifice scheme.
I know I have to pay BIK on both schemes. The company give £330 gross towards the car on the salary sacrifice scheme. My earnings are £47000 per annum. Can anyone simplify how to work out the figures for tax on the salary sacrifice.
Thanks in advance.
I am in the process of ordering a new company car through work. I wondered if anyone knows of a calculator to work out if I would be better off with using the company car scheme or getting via the company salary sacrifice scheme.
I know I have to pay BIK on both schemes. The company give £330 gross towards the car on the salary sacrifice scheme. My earnings are £47000 per annum. Can anyone simplify how to work out the figures for tax on the salary sacrifice.
Thanks in advance.
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I think you would be better posting this in one of the money or work related benefit sections nearer the top of the main forum.I married my cousin. I had to...I don't have a sister.All my screwdrivers are cordless."You're Safety Is My Primary Concern Dear" - Laks0
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Thread moved to Employment, Jobseeking and Training.0
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