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Tax Credits along with Car BiK Tax
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daniellove1981
Posts: 2 Newbie
Hi,
When I was looking into getting a company car last year, it wasn't beneficial due to me being taxed for BiK on my salary and also, my partners tax credit would be reduced (double whammy).
Next year (2021) I will be having an Electric Car at a BiK rate of 1% tax. I want to know whether my partners tax credits will be affected by the 1% or would it be a lot more?
Many thanks
Daniel.
When I was looking into getting a company car last year, it wasn't beneficial due to me being taxed for BiK on my salary and also, my partners tax credit would be reduced (double whammy).
Next year (2021) I will be having an Electric Car at a BiK rate of 1% tax. I want to know whether my partners tax credits will be affected by the 1% or would it be a lot more?
Many thanks
Daniel.
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