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Company car tax

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beast5680:
i used to have a defender van as a company car which would cost £500 per annum in tax as would a double cab pick up, anything over 5yrs old i believe would cost £250.

However the tax office have got wise to this and i believe changes are afoot so they can charge you for everything, fuel used,engine size ,how many miles you do etc so there were a few guys on the company who bought their own cars and claimed back expenses as they were better off

hingmy:
touche (stupid keyboard where's the silly accent things for the 'e' -should read toushay, not foreign for backside)

TimM:
BORING TECHNICAL STUFF:

VANS
This can include defender 'vans' discovery commercials, freelander commercials, pickups, double cab pickups etc.
The rules changed from 6 April 2005, at which point drivers whose only private use is for ordinary commuting, and who use the van for business purposes, will be exempt (i.e. pay nothing!). Drivers will also be exempt if private use by them (and by other members of their family and household) is 'insignificant'. Other drivers continue to pay tax as follows 'Under 4 years old' - £500 '4 years or more' - £350 (this is the amount you would be taxed on i.e. for most of us with a new van it would be £500 x 22% = £110).
From 6th April 2007 the charge will rise to £3000 irrespective of the age of the van. A seperate charge of £500 will also be levied if they do not reimburse for any private fuel used.

CARS
This will be for 'normal' Discoveries, Freelanders etc.
The tax on these is a nightmare, far too complicated to explain simply here - which is lucky or else I would be out of a job (I'm an accountant :oops: )

IF anyone wants me to look at theres specifically let me know.

Tim.

NiceBlueWellies:

--- Quote from: "TimothyM" ---From 6th April 2007 the charge will rise to £3000 irrespective of the age of the van.
--- End quote ---


 :shock:  :shock:  :shock:

hingmy:
TimothyM you beauty.
Thanks chap.
I'm away for the next to weeks but can i have a proper chat when i come back. The situation is as follows: My employment terms include a car from which at present i can't opt out of. I do in excess of 35k a year. I don't need a family 5 seater and because of work could justify a four wheel drive, though the employer may not like the service and fuel costs. To alleviate his burden i was looking at a 3dr golf tdi (£477 tax to me) but from what you say a commercial would at present be tax free. Am i correct in reading your answer that as of april 2007 i would be taxed at 22% of 3k (£660 p/a). What happens to a car like the golf at april 2007?

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