1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Company car tax

Discussion in 'SMB' started by offshore, Oct 12, 2017.

  1. offshore

    offshore Central Defender

    This new job comes with a company car or an allowance if you use your own. At the moment we are a one car family ( I have a motorbike) that she uses for work so it's a company car for me. Question is from what I've read the amount of tax you pay also goes on the co2 emissions. But I will be doing lots of traveling I want somethimg big ish like a Mondeo size car so it's comfortable and big enough for tools and stuff. Any suggestions on this? I will be using for personal use also
     
  2. legend7

    legend7 Central Defender

    If you do end up with a few choices go on comcar and it calculates exactly what tax you will pay on a specific car and a seperate figure if you get fuel included too.
    Really useful.
     
  3. offshore

    offshore Central Defender

    I’ve looked about but it’s all new to me,I’m not into cars as much as I used to be. I like the new mondeo and also the mazda6
     
  4. legend7

    legend7 Central Defender

  5. offshore

    offshore Central Defender

  6. legend7

    legend7 Central Defender

    100 quid a month for a free car then.
    As i say if you put details in comcar website it will tell you exactly.
     
  7. offshore

    offshore Central Defender

    I did and that was the average that came out. Subaru xv looks nice also.. and I want an automatic
     
  8. legend7

    legend7 Central Defender

    Never seen those before.
    Infiniti are doing some crackers cheap deals at mo.
    Is your company tied in to any particular ones or you can just choose anything.
     
  9. Joe Public

    Joe Public Striker

    It goes on book value, emissions and if it’s a petrol or diesel. Stay at 1998cc, and a reasonably priced low emission motor and it’s not too bad.
     
    Last edited: Oct 12, 2017
  10. legend7

    legend7 Central Defender

    O
    Or you could take the allowance and see if you can lease/buy something cheaper bearing in mind as well as the allowance you won't be paying the 100 a month tax if that makes sense.
     
  11. Cowvahlo

    Cowvahlo Striker

    Here’s an old safc badge you can stick on the rear window of your new car mate...

    [​IMG]
     
    Kevsgreat likes this.
  12. HANDSOME_DAN

    HANDSOME_DAN Central Defender

    factor in you are losing the allowance cash ie total cost of comp car = tax hit + lost cash
     
  13. gillythedilf

    gillythedilf Striker

    Isn't it better to just claim the 40 odd pence mileage for the 1st 10k like Dan ?
     
  14. offshore

    offshore Central Defender

    Your a twat I hate tigers....lions are better

    I just wanna make life easy dude and let the company sort it out. I’ve just got to pick the car I want and looking it’s a choice between the mondeo estate or the mazda6..
     
    Last edited: Oct 12, 2017
    Cowvahlo likes this.
  15. Cowvahlo

    Cowvahlo Striker

    :lol:I’ll remember that for the next badge
     
  16. offshore

    offshore Central Defender

    Cheers...looking forward to it
     
    Cowvahlo likes this.
  17. Joe Public

    Joe Public Striker

    He will be paying tax on the allowance.
     
    Goat Eyes likes this.
  18. Poo Butties

    Poo Butties Full Back

    Depends what they pay per mile for the private car, but there's very few cars that you'd actually want to drive that work out tax efficient to own through a company
     
  19. JAZZMANB

    JAZZMANB Striker

    List price is a factor as well so things like Skoda do well
    Octavia and Superb come out tops in What car
    What car magazine guide gives you all spec and even tax figure
     
  20. Wonderbra

    Wonderbra Central Defender

    I would go for the allowance, buy or lease a car and claim the 45p a mile.
     

Share This Page