You have to calculate the benefit in kind of the car

Basically, Co2 emissions of the car will determine the percentage applied to the list price of the car. The resulting value is added to your salary as a benefit in kind and you will be taxed on that.
So if you want a company car, you should get one with the lowest emissions possible. I think there are some with 0%.
There's no doubt it's an expensive business and it isn't the perk it was, but you don't have to worry about tax, insurance, breakdowns, getting dinged in car parks.

Posted By: yarmyyarmy, Aug 21, 19:13:07