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IanF	23 August 2007 10:37 PM

Company Car Allowance - Tax Question

Quick question please:

If I take a company car allowance in lieu of a company car I know I have to pay income tax on the allowance, but do I have to pay National Insurance on it aswell?

Thanks
IanF

TopBanana

23 August 2007 10:44 PM

I don't think so, but I think your employer will have to

hutton_d

24 August 2007 07:53 AM

To the tax man a car allowance is just salary. End of ...

Dave

Dunk	24 August 2007 10:10 AM

Quote:

Originally Posted by hutton_d (Post 7205218)

To the tax man a car allowance is just salary. End of ...

Dave

Correct !

D

TopBanana

24 August 2007 10:26 AM

Sorry didn't read the question properly, hutton is spot on.

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