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-   -   PPP - Tax Question (https://www.scoobynet.com/scoobynet-general-1/240634-ppp-tax-question.html)

Nigeyboy 16 August 2003 11:57 AM

Hi

I'm looking to trade my own WRX in for a company car.

I can get either a WRX or a WRX with PPP. My question is, does anybody out there know if the PPP affects the CO2 emmissions and therefore increases the tax payable %?

Please let me know if you have a WRX PPP as a company car and know the tax "impact".

Many Thx
Nigeyboy

TonyBurns 16 August 2003 05:27 PM

I dont think that it effects tax in any way as this is for new vehicles only, and as the PPP is an aftermarket accessory and is not deemed as a new vehicle then you wont pay anything extra ;)

Tony:D

Phil 16 August 2003 07:47 PM

Tony is 50% right

No the Co2 stays the same :)

You do however have to pay tax on the PPP Value as it an increase in the value of the car :(

Phil

Nigeyboy 16 August 2003 08:04 PM

Thx for the replies - it was the CO2 bit I was interested in.

How did you find out for def. that as it's an aftermarket mod it's OK?

[obviously I don't trust the ol' tax man]

NB

Phil 16 August 2003 08:07 PM

Trust me it the Co2 figure will be on your V5

I did ask the Revenue;)

Nigeyboy 16 August 2003 08:11 PM

Cheers Phil


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