Mrs PC works for the NHS and is keen to get a lease car. Must admit it confuses.
I understand you pay for the lease (albeit cheaper) but its still a company car so there is "some" BIK. Not much it appears. Im guessing this is the difference between true company car benefir minus what you pay yourself....
Also, mileage. Pretty sure you still get the standard rate but, apparently, the difference between this and the company car HMRC rate is taxable? (I suppose so if its classed as a company car).
Anyone got a lease car themselves through the company and can explain this?
I understand you pay for the lease (albeit cheaper) but its still a company car so there is "some" BIK. Not much it appears. Im guessing this is the difference between true company car benefir minus what you pay yourself....
Also, mileage. Pretty sure you still get the standard rate but, apparently, the difference between this and the company car HMRC rate is taxable? (I suppose so if its classed as a company car).
Anyone got a lease car themselves through the company and can explain this?
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