Vehicle Tax

[mcmaddy]

It's still a company car for HMRC purposes as the car is sourced by the employer. No contribution is made at all from our employer but it includes full maintenance. Private employers can do it differently to local government and we were stopped from it being a salary sacrifice because the general public thought it was a perk and council tax money was being wasted on company cars. Completely wrong of course but then everyone in local government is tarred with the same brush 

[Hertsman]

It's still a company car for HMRC purposes as the car is sourced by the employer. No contribution is made at all from our employer but it includes full maintenance. Private employers can do it differently to local government and we were stopped from it being a salary sacrifice because the general public thought it was a perk and council tax money was being wasted on company cars. Completely wrong of course but then everyone in local government is tarred with the same brush 

As my role is considered professional (have no idea what that means also, just doing a job!, but hey) i get a benefits package (which offsets the slightly lower than market salary, but again thats another subject ) of near £7000, which I can either add to my gross, or gives me a lease figure - The take home after tax of that £7000 is less than I get to spend on a lease - but of course you then have to add the BIK to that - The company lease like said earlier is fully inclusive, I take the keys and drive it nothing else - I could probably take the cash, find a really good lease and save a few ££ but I see that few ££ saving is me paying for hassle free driving which having had 2 x cars smack into me this year has been a blessing as its been one phone call and managed by someone else  where as i would have had to manage both them repairs myself

But it is a minefield and a fine balance, and its car by car, deal by deal, there is no standard

[Watts]

but then everyone in local government is tarred with the same brush 

No just local

[mcmaddy]

but then everyone in local government is tarred with the same brush 

No just local

Suppose if you're not local then your classed as Central Government 🤷‍♂️

[Watts]

but then everyone in local government is tarred with the same brush 

No just local

Suppose if you're not local then your classed as Central Government 🤷‍♂️

Sorry, that was a typo, I mean't to write 'not' rather than 'no'

[Exonian]

Stop moaning my 2002 BMW 325i is £315 per year

Maybe, but you're having more fun and not suffering depreciation on a car you probably bought for the same amount as 4-5 monthlies to 'rent' a new car.

Granted, all you have to do with a new car is post pictures of it being washed each weekend, and you have the reassurance that you can take it back to the dealers if the glovebox lid creaks. So that is an argument for not having unexpected repair bills with a new car, but I reckon you are much better off in your BMW.

  So harsh and yet so true!

[jaceyboy]

Stop moaning my 2002 BMW 325i is £315 per year

Maybe, but you're having more fun and not suffering depreciation on a car you probably bought for the same amount as 4-5 monthlies to 'rent' a new car.

Granted, all you have to do with a new car is post pictures of it being washed each weekend, and you have the reassurance that you can take it back to the dealers if the glovebox lid creaks. So that is an argument for not having unexpected repair bills with a new car, but I reckon you are much better off in your BMW.

  So harsh and yet so true!

Will be selling it soon to purchase a M4 CP, 71k on the clock only if you are interested

[Snoopy]

In a previous job we got a new GM who made the decision if its classed as company car it must be sign written to help advertise the company. He said it should be law for all company cars. Reduced the amount of company cars over the years. Very few company car ownera seem to see his logic though