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Company car tax
brookwald
Posts: 3 Newbie
in Cutting tax
Greetings all,
I've just picked up my 'company car' and although i have to pay a monthly 'flex charge' which includes maintenance, my company pays RFL and Insurance, i'm still liable to be taxed. I get business rate miles driving anywhere other than permanent place of work.
Does anyone have any experience on the amount i will pay?
To be quite honest i'm still suprised i'm liable for tax as i have to contribute the whole cost of the vehicle albeit before my flex account is taxed.
Cheers
I've just picked up my 'company car' and although i have to pay a monthly 'flex charge' which includes maintenance, my company pays RFL and Insurance, i'm still liable to be taxed. I get business rate miles driving anywhere other than permanent place of work.
Does anyone have any experience on the amount i will pay?
To be quite honest i'm still suprised i'm liable for tax as i have to contribute the whole cost of the vehicle albeit before my flex account is taxed.
Cheers
0
Comments
-
Not clear what this flex charge is. How much is it and how is it to be calculated, what is it meant to cover? Are you paying for all the fuel?
On the face of it, you would be chargeable on the normal car benefit, less your contribution.£705,000 raised by client groups in the past 18 mths :beer:0
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