Title: | Cars in the UK |
Notice: | Please read new conference charter 1.70 |
Moderator: | COMICS::SHELLEY ELD |
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 |
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.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
1681.1 | Figures for cars over 4 years | KERNEL::SHELLEYR | Looks like he hit the tree Jim | Fri Jan 31 1992 16:40 | 10 |
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 | |||||
1681.2 | Guess mileage is the same but | CHEFS::ARNOLD | Fri Jan 31 1992 16:41 | 22 | |
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 |