Steve vRS

If I were to pay a monthly sum towards my company car so that I could get a better car, does this mean I pay less tax on that car.

For example, the car with all options would cost £18000 but I am essentially paying £1000 of that my self.

Regards

Steve

MattW

Yes, deduct it from the 18k so pay tax on the 17k.

Scooby Snacks 23

That's correct.

Steve vRS

Thanks