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What Is The Better Option - To Take A Company Car, Or Use The Allowance To Buy A Used Car?

Question by dave g | Posted in Buying & Selling

Hi, i live in the UK and have been offered £4800 revolting p.a. for a car allowance. I'm trying to work out what is the financially better option - to take a company car or to put the allowance and what i can claim through task mileage and the relief i would get through not paying a company car tax,

Answer: if you take the discount and buy something in your name it is yours.
if you take the company car it still belongs to them.
think about that
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Tax And Tax Calculator Free?

Question by peter o | Posted in United Kingdom

i am having pester with my tax code.i got 2 diffrent ones off the
tax office with in 6 weeks.and my problem is i was on job seekers tolerating from-april 07to middle of june 07.and i started work on july 16.and since then my tax pandect was 522l.and the tax office said it was my correct tax code.but

Answer: 439 is a self employed tax cypher i think 522L is the corect tax code which means you can earn a max of 5229 a year without paying tax (you have to ask for it back) which is an ordinary of £100.50 a week you can work out if your paying the right amount of tax by taking away the hundred off your out-and-out

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Am I Entitled To Child Tax Credit ?

Question by Daniel C | Posted in United Kingdom

My mate no longer works and is a stay at home mum bringing up our 13 month old pamper, up to April 5th she earnt around £5000 made up of her 9mth Maternity pay and a months final salary that she got when she handed her mark in.
I earnt £4550 basic salary and was paid a company dividend of £20796,

Answer: a swift call to them should solve all your queries.... the number is 0845 300 3900
they normally dont tell you how much are entitled to but you should recieve a epistle from them after a few days saying how much you are entitled to

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Homeschool, Homework HELP In Comsumer Math Pt.3 From Penn Foster?

Question by ayummybia | Posted in Primary & Secondary Education

1. If you have earned receipts, which of the following retirement devices must you contribute to, by law?

A. Pension plan
B. IRA

C. Social guarding (FICA)

D. Vesting plan




2. Car

Answer: Please do not to answers on Y!A, as this is considered cheating.

If you need help, please contact the school at:
http://www.pennfoster.edu/phone_us.htm l

Penn Foster

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Finance Company » Company Car Tax Information & Advice

by admin

Company Car Tax Data & Opinion

1. What is the company car tax?

If your business gives you a car to use for both firm and covert use, then you have to pay a tax based on the use of the car. If you pull down more than &throb;8,500 per year and have use of a car, then you have to pay the tax on it. There is also an additional tax if you get unencumbered or subsidized stimulate for your squaddie use of the car.

...

Read more...

Tax FAQ Directory

HM Revenue & Customs: Company car and car fuel benefit calculator
Calculates the amounts of car and car stimulus 'benefits in kind' for company cars and provides indications of income tax due for provision of these benefits

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