Car Tax Guide
Car Tax Calculator
Her Majesty’s Revenue and Customs
offer a calculator that
- allows you to calculate the "benefit in kind" value
of a company car and (if appropriate) the car fuel benefit.
- provides an indication of the income tax you would be liable to
pay for the provision of company car and car fuel benefit.
Click here to start using our calculator
Cash for car Calculator
The cash for car calculator
provided by Inchcape Fleet Solutions is a standard tool aimed to help
you understand the difference in overall cost between
- spending some of your gross pay on a company car and paying benefit in
kind tax
- spending some of your net pay (after tax) on providing your own
car, taking into account the tax that you can claim back from
it for any business miles
N.B. In step 3 of the calculator 'your contribution'
should be £0,
and in step 4, the 'gross cash option' should be the annual cost
of the lease
Click here to start using our cash for car
calculator
