The car ladder?

gzoom

Mutton_Geoff said:

Here's another thought. If the OP had invested all the money he'd spent on cars in the last three years in a pension instead

How do you know the OP hasn't. If you are on £100k a year at before 30 you will 100% hit the £1million tax free allowance and £40k tax free limit very very quickly.

What the OP needs to do is become tax 'efficient' very quickly, otherwise they will end up paying more tax per £1 earned than take home.

Am told one EV right now is one of the best ways to reduce your tax burden, any one with OPs level of income would be crazy not to explore that option. A few hundred £ a month on a M2 lease really is not here or there if your take home pay is £4k/month post tax.