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Where Taxpayers and Advisers Meet

Company car tax

turk182
Posts:8
Joined:Wed Mar 26, 2014 12:18 am
Company car tax

Postby turk182 » Mon Apr 29, 2024 11:51 am

I work for a company and my job involves around 400 mile a day driving. Obviously with this amount of miles I’ll get a company car.
I’m allowed to do personal modes in the car and the company charges £.16 per mile for the fuel.
How will this set up affect my tax?
Obviously, I have a company car but primarily it is a car used for business.

turk182
Posts:8
Joined:Wed Mar 26, 2014 12:18 am

Re: Company car tax

Postby turk182 » Mon Apr 29, 2024 12:05 pm

Just a bit more detail that I forgot to add.
The car is a Skoda Octavia hatchback and I am full-time employed PAYE.

Many thanks

bd6759
Posts:4319
Joined:Sat Feb 01, 2014 3:26 pm

Re: Company car tax

Postby bd6759 » Tue Apr 30, 2024 8:15 am

https://www.tax.service.gov.uk/guidance/work-out-company-car-and-fuel-benefit/start/tax-year


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