Thread: Company Car
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Old 10-24-2007, 10:15 PM
james james is offline
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Join Date: Oct 2007
Posts: 45
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Quote:
Originally Posted by IsabellC View Post
Im about to buy a new car and have heard that I could make a saving if I buy (or lease) through my business, is this correct?
It really depends on how much tax you are paying at the moment. Company cars are not my speciality but it will get taxed as a benefit in kind on a calculated value.

Are you currently a 40% taxpayer?
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