STi + CO2
13 December 2001, 12:46 PM
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Anyone noticed the sky high CO2 figure for the STi? (290). Anyone care to do the sums on what that would cost you as a company car in the 40% tax bracket?
Thought the standard MY01 was bad enough....
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Mike
13 December 2001, 01:02 PM
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Here are the sums, I think, if anyone thinks I'm wrong please correct me.
Type UK STI - £25,995 at 35% tax banding means you pay 40% income tax on an adddition £9098.25, therefore your looking at a tax bill of £3639.30 for the year. For the Prodrive STI its £3849.30 for the year.
Type UK STI - £25,995 at 35% tax banding means you pay 40% income tax on an adddition £9098.25, therefore your looking at a tax bill of £3639.30 for the year. For the Prodrive STI its £3849.30 for the year.
What does have strapped onto the exhaust, a soda stream bottle???
13 December 2001, 01:07 PM
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You will pay tax on 35% of list price so assuming a purchase price of £26000.00 x 35% = £9,100.00 If you have a scoob you must be on 40% tax so £3,640.00
Ten you have Fuel benefit which will be £3,620.00 which will also be taxed = £1,448.00
Total Cost £5,088.00
I sold mine for this very reason.
Cheers
Andy (now driving Vectra diesel estate - boring but much cheaper)
Ten you have Fuel benefit which will be £3,620.00 which will also be taxed = £1,448.00
Total Cost £5,088.00
I sold mine for this very reason.
Cheers
Andy (now driving Vectra diesel estate - boring but much cheaper)
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