Salary Sacrifice Company Car Calculator. 17 June at 3:39PM in Employment, Jobseeking & Training 2 replies 92 views

1975damo

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.

Fruitcake

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.

Cornucopia

Thread moved to Employment, Jobseeking and Training.