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company car tax

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tali122 | 20:13 Tue 13th Jun 2006 | How it Works
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friend is getting a new astra (whoo exciting) company car and according to the car tax calculator we used on the vauxhall website , my friend will pay only �660 annualy company car tax -is this figure right as it seems a small amount
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A �20,000 petrol car with CO2 emissions of 145g/km or less, would produce an annual taxable benefit of �3000, upon which basic rate tax would be �660 per year. The figure your friend calculated is perfectly possible, but any change to the list price, emissions figure, fuel type or rate of tax payable can affect the calculation.

He'll probably be hit for Benefit-in-kind tax (at least he would here in Ireland), which would be a lot more. He'd need to contact the income tax office for details
Will also get taxed if fuel is supplied for private use. WIsh my tax was only �660. Got a Volvo S60 and just got new code in. Wow!!!!

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