If you want something that will be expensive to buy, high running costs such as insurance and services can be better with a company car, because then you only have profits tax in kind, payable monthly.
If you receive Car Allowance, your employer will probably have an expectation of the level of car you can expect to own property and that will represent your business and do not want to shoot in some battered old wreck, which can be tempting and pocket a little extra money each month.
subsidy could give you a greater choice of car and you might be able to get some very good offers in the PCP, but you also have to pay for servicing and car. You may also have to cope with unexpected costs if something goes wrong, that would be covered by the company if it were their car.
You can see if you are forced to go with your choice or cash or car for a specified period – probably by the time they are expected to keep a company car. e, so if you have a god car that is relabel you will be quids in with the spare money from your allowance, or you can have a great car that will be services via the company when needed and you will probably get a new one every 3 years.
THIS IS A SPONSORED REVIEW
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