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Conference terri::cars_uk

Title:Cars in the UK
Notice:Please read new conference charter 1.70
Moderator:COMICS::SHELLEYELD
Created:Sun Mar 06 1994
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:2584
Total number of notes:63384

1681.0. "Tax on a 4 year old Company Car" by STRIKR::LINDLEY (Strewth mate.....) Fri Jan 31 1992 16:05

    Can anyone tell me the taxable benefit on a Company Car that is over 4
    years old ?  Does the taxable benefit vary according to business mileage
    and value, as for a "new" Company Car ?
    
    Cheers,
    
    
    John
T.RTitleUserPersonal
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1681.1Figures for cars over 4 yearsKERNEL::SHELLEYRLooks like he hit the tree JimFri Jan 31 1992 16:4010
    Up to �19250			4 years old or more at 5 Apr '92
    ------------			--------------------------------
    
    1400cc or less			1400	(2050)
    1401-2000cc				1800	(2650)
    more than 2000cc			2850	(4250)
    
    Figures in brackets for cars unders 4 years old.
    
    Roy
1681.2Guess mileage is the same butCHEFS::ARNOLDFri Jan 31 1992 16:4122
    According to my ready reckoner car benefit for Tax year 91/92 is as
    follows
    
    Age of car on April 5th     4 years & over
    
    Value                  Up to �19250      �19250 - 29000   29000 +
    
    1400cc or less             �1400             �3700          �5900
    
    1401 - 2000                �1800             �3700          �5900
    
    2000 +                     �2850             �3700          �5900
    
    
    These are generally about 37% lower than the benefits for cars under 4
    years old.
    
    Tax your highest rate on the benefit in kind.
    
    Doug