Company Car Benefit in Kind Verus Cash

mayoman2

Registered User
Messages
96
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
 
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.