Hi
I was interviewed for a job today and looks like I will probably get it..
It comes with a car prob think its a Vectra ??
Someone has told me that having a company car will hit me financially, what I gain in income may be lost in tax...
I understand that I will have a tax deduction for my car same as my health insurance however surely it is not significant enough to negate any pay rise I get ?
The same some one says that when they negotiate for their next car they are going to ask for a smart car as they are not taxed so heavily..
These are fact I need to determine before accepting their offer..
Regards
Taff
I was interviewed for a job today and looks like I will probably get it..
It comes with a car prob think its a Vectra ??
Someone has told me that having a company car will hit me financially, what I gain in income may be lost in tax...
I understand that I will have a tax deduction for my car same as my health insurance however surely it is not significant enough to negate any pay rise I get ?
The same some one says that when they negotiate for their next car they are going to ask for a smart car as they are not taxed so heavily..
These are fact I need to determine before accepting their offer..
Regards
Taff