I've recently found out that my department at work is being bought out by another firm, and although we are meant to be protected under the TUPE agreement there are some changes coming or way.
I have a company car at the moment and the new firm are going to make use vans. Can anyone tell me how the taxation costs compare with a company car, I will have private use and free fuel, as I do at present.
How is the BIK worked out, is it based on emissions/purchase cost as with the cars or something else. I ask as if I have to have a van I might as well have a decent sized Transit style thing, rather than a rather poxy Vauxhall Combo type thing that some of the engineers have. Would I pay much more in tax having a large van over a small one?
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Google is your friend:
www.hmrc.gov.uk/vans/van-facts.htm
Edited by oldnotbold on 07/01/2009 at 12:27
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Thanks, very helpful.
Seems like there is a flat rate for all vans so may as well go for something huge.
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do you get to choose your van then?
heres the beastie......
such a van...................
www.volkswagen-vans.co.uk/transporter/sportline-pa.../
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That VW is great, whether or not they will stretch to that I don't know. Negotiations are yet to begin.
Edited by krs one on 07/01/2009 at 12:46
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It is a splendid thing - but I'd get the kombi version.
www.volkswagen-vans.co.uk/transporter/sportline-ko.../
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