Company Car Benefit in Kind Verus Cash

[mayoman2]

Hello,

What are peoples opinions on receiving a company car and paying benefit in kind tax on this or taking the leasing amount through the payroll.

I would probably rack up 20k miles per year on company car and will be on the higher tax bracket.

Cheers for the opinions

 

[flowstone]

Really depends on how much of your milage is personaland how much you can claim milage expenses on. Also whether you get a petrol card or not including personal milage on the Co. Car scheme.