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Company cars and fuel allowance ??

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Old 11 September 2007, 07:02 PM
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DAC
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Default Company cars and fuel allowance ??

Hello There

due to get a company car for business and private use

? fuel do I opt for fully expensed and get taxed for private fuel allowance or

pay for all fuel and claim back the business mileage - hence pay for own private mileage.

what will be the goverment rate to claim back per mile ?

I only do about 50 private miles a week and wife has a car also.

dont kmow what car yet - but I presume something like focus tdi

any help or direction to web sites - I am baffled

thanks
Old 11 September 2007, 09:35 PM
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john_s
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I don't think I really save or lose anything week to week on my company car - I opted to pay the tax for the free fuel, but it does save me the messing about filling forms to claim back.

I do benefit though if I use the car for running up and down the country seeing friends, etc.
Old 11 September 2007, 10:56 PM
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sti-04!!
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40p a mile for fuel & 14k a year for car allowance with me

Old, beat, with, it, stick, an ....... re-arrange that
Old 11 September 2007, 11:06 PM
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CooperS
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Originally Posted by sti-04!!
40p a mile for fuel & 14k a year for car allowance with me

Old, beat, with, it, stick, an ....... re-arrange that
bloody hell! over £1150pm car allowance

our directors only get £850p/m and they are on £145k p/a

jeeezussss
Old 11 September 2007, 11:09 PM
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sti-04!!
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I am a Director
Old 11 September 2007, 11:10 PM
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CooperS
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Of what? NASA? haha

Good skills
Old 11 September 2007, 11:12 PM
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sti-04!!
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Originally Posted by CooperS
Of what? NASA? haha

Good skills


The largest company of its type in the UK.

Anyways its all down to the deal. Get it at inception & your sorted
Old 11 September 2007, 11:13 PM
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CooperS
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I need some of that, no car allowance for me, nor £145k p/a

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