News1 min ago
company car
5 Answers
friend has a company car( middle of the range) which are bulk fleet purchased by his employer , but what if my friend wanted a better car(ie top of the range) and was prepared to pay the higher tax benefit in kind for that car - would his company allow this? (i am NOT on about opting out - or ,is this opt out the only option for him ?)
Answers
Best Answer
No best answer has yet been selected by tali122. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.as a fleet manager myself, the main problem with managing a fleet of company vehicles is that this can be a very emotive area. What I mean is that he could upgrade his vehicle, if the company allows it but it may cause others on the same salary or job to have a bit of a moan.
Plus, at the end of the day upgrading a vehicle will always costs more money for both the driver and the company.
A company car is no longer a perk, it is only your work tool. He should think of it like that. A company should only supply a vehicle if the person needs one to do his/her role. If they let their staff dictate to them what cars should be given, then they need to sort the priorites out. If one of my staff asked me that question, I would that he only cared about the car, better alloys and faster speeds and not his job.
That said, companies should always provide the most comfortable and cost effective vehicles, there would be no need for a top of the range vehicle, ubless he/she was a CEO, director, chairman etc
Plus, at the end of the day upgrading a vehicle will always costs more money for both the driver and the company.
A company car is no longer a perk, it is only your work tool. He should think of it like that. A company should only supply a vehicle if the person needs one to do his/her role. If they let their staff dictate to them what cars should be given, then they need to sort the priorites out. If one of my staff asked me that question, I would that he only cared about the car, better alloys and faster speeds and not his job.
That said, companies should always provide the most comfortable and cost effective vehicles, there would be no need for a top of the range vehicle, ubless he/she was a CEO, director, chairman etc
thanks for answers, im understading that this choice is at the sole discretion of the company, ( i was wondering whether there were legal obligations to employees in allowing such choices- it appears not )now a bog vectra will cost around �600 per year and a flashy alloy wheeled vxr will cost �1800 - i would (if i could )pay extra tax for the vxr -its a personal choice and fellow emoloyees should not be resentfull - after all im paying extra tax - and surely a nicer car would give me far more job satisfaction and determination to repay the company for allowing such a nice perk?