b6bloke Posted August 16, 2012 Share Posted August 16, 2012 I have just got myself a new job and am being a given a company car, now I dont want to just jump in and get screwed on tax so some advice is needed. The company car would be a 1.6 TDI Blue motion Passat SE and I am wondering what tax I would pay on that? Its a bit confusing to a newbie in the company car world but I want an automatic but not sure if it is much more tax? I think the auto only comes in a 2 litre. Cheers Link to comment Share on other sites More sharing options...
Daniel Posted August 16, 2012 Share Posted August 16, 2012 My mom has a company car. She has Ford Focus 1.6L. This is her second car and is due a 3rd. Ill ask her when i see her later. Link to comment Share on other sites More sharing options...
villa4europe Posted August 16, 2012 Share Posted August 16, 2012 I've got a 1.6 a3 and I pay about 11% I think, that's with a fuel card Link to comment Share on other sites More sharing options...
lapal_fan Posted August 16, 2012 Share Posted August 16, 2012 I got a VW Golf 1.6 Bluemotion as a company car currently. I pay about £60-90 a month in tax. I too have just got myself a job on a much better basic than my old job (6k more) but I have to go and buy a car (budget of around 10k), insure it and pay for anything that goes wrong on it. Needless to say that I will be worse off that I am in my current job for the next 6 months, but unfortunately they don't do company cars. If I were you, i'd snap their hand off. Plus with the Bluemotion, you should be getting 650/750 miles out of a tank (in my experience anyway) and you'll make a bit of money on the petrol. Link to comment Share on other sites More sharing options...
Genie Posted August 16, 2012 Share Posted August 16, 2012 Fuel card is an additional benefit in kind which you'll get taxed on independantly Link to comment Share on other sites More sharing options...
lapal_fan Posted August 16, 2012 Share Posted August 16, 2012 But I would also kill for one of those Link to comment Share on other sites More sharing options...
b6bloke Posted August 16, 2012 Author Share Posted August 16, 2012 Comes with a fuel card too so even more tax I guess, not complaining though as my current job has no car and spending £80 a week on fuel plus insurance, tax etc etc and it pays 5 grand more. The job is based from home as mainly driving around loads of different waste depots. The tax on the 1.6 Blue Motion seems to be at 16% which works out at about £680 which seems good, the 2.L auto works out at 17% at £760 Link to comment Share on other sites More sharing options...
omariqy Posted August 16, 2012 Share Posted August 16, 2012 Just check out a tax table online. Will be based on the emissions of the car. Then your car will be given a value to be added to your income and taxed accordingly. Link to comment Share on other sites More sharing options...
bcarpet Posted August 16, 2012 Share Posted August 16, 2012 Vw give you a good guide on their website Link to comment Share on other sites More sharing options...
lapal_fan Posted August 16, 2012 Share Posted August 16, 2012 B6. The 1.6 TDi is much better (imo) than the 2.0l. Firstly, you get better MPG out of it and it cruises at 70mph. secondly, if you're going to be driving on your own then the extra large 2.0l engine will be wasted and less fuel efficient. That's my opinion, but cost wise the 1.6l is much cheaper tax wise and more economical when driving. Just something to think about. Link to comment Share on other sites More sharing options...
colples Posted August 16, 2012 Share Posted August 16, 2012 I you are a higher rate tax payer the tax will be much higher as you will pay tax on the benefit in kind at 40%. Including the benefit you would have to be earning circa £42,500 per annum for this to be the case. Link to comment Share on other sites More sharing options...
b6bloke Posted August 17, 2012 Author Share Posted August 17, 2012 i wont be on the high tax bracket, dont know if that is a bad thing though Link to comment Share on other sites More sharing options...
epiman Posted August 17, 2012 Share Posted August 17, 2012 The best thing about having a company car is if it goes wrong it doesn't come out of your pocket. I think with mine I actually lose money, because I don't do the miles to use enough fuel. There is a good guide to company cars in this months What Car? I can let you have a pdf copy if you want. Link to comment Share on other sites More sharing options...
Recommended Posts