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Where Taxpayers and Advisers Meet

P11D on a used company car

accountant1234
Posts:1
Joined:Mon Nov 11, 2019 10:54 pm
P11D on a used company car

Postby accountant1234 » Mon Nov 11, 2019 11:03 pm

Hi,

If a company car has been purchased second hand by the company for £5,600 but the original list price was ~£15k, which value should be stated on the P11D?

Thanks in advance

Lambs
Posts:1611
Joined:Wed Aug 06, 2008 3:15 pm

Re: P11D on a used company car

Postby Lambs » Tue Nov 12, 2019 1:49 am

A, the price for company car benefit is list price when new.

Regards,

Lambs


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