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PPP - Tax Question

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Old Aug 16, 2003 | 11:57 AM
  #1  
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Nigeyboy
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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
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Old Aug 16, 2003 | 05:27 PM
  #2  
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From: 1600cc's of twin scroll fun :)
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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
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Old Aug 16, 2003 | 07:47 PM
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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
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Old Aug 16, 2003 | 08:04 PM
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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
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Old Aug 16, 2003 | 08:07 PM
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Trust me it the Co2 figure will be on your V5

I did ask the Revenue
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Old Aug 16, 2003 | 08:11 PM
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Cheers Phil
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