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Reply to: Low emission cars
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Previously on "Low emission cars"
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I had a RX400h leased through my company. My tax hit was around 3k per year. For comparison purposes, the BMW X5 was almost double that...
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I must admit, I was looking into the new 1600cc deisel Focus Estate. Not my car of choice but it does start to cost in. Not too sure about the depreciation though. I guess you could use that to your advantage though by buying it off the company after 2/3 years and then claim the 40/25p per mile?
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Keep it and use it for ensuring your driveway stays cleer of mafioso types with vans.Originally posted by Wilmslow View PostMy 1.4 diesel fiesta is summa like £50 road tax for the year and does around 65mpg!
Going to miss it when I sell it.....
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My 1.4 diesel fiesta is summa like £50 road tax for the year and does around 65mpg!
Going to miss it when I sell it.....
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Originally posted by sidknows View Postany info regarding to tax advantages for purchasing low carbon emission cars
I am considering buying through the company instead of claiming the mileage and would be grateful for any input on this
Search on HMRC website for QUALEC (Quaifying Low Emissions Cars)
This doesn't start until April 08 by the way.
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Not sure if this is relevant, but I think something similar was discussed last year:
http://forums.contractoruk.com/accou...allowance.html
(I had to search for hatchback to find it though!)
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Low emission cars
any info regarding to tax advantages for purchasing low carbon emission cars
I am considering buying through the company instead of claiming the mileage and would be grateful for any input on thisTags: None
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