Company Car & Tax Code?

[Big Tav]

Hi guys, I have a question for you all about company car tax and a new job. I have been a car salesman for 8 years and always had a company car. My tax code is obviously affected because of that and I use the car to and from work.

I have been offered another job out with the industry as a area manager/sales rep. It comes with a car as it is a 20-30,000 mile a year job and I can work from home. Going to the head office is not required and I only have to do a conference call twice a week.

If I don't use the car for anything other than business miles (I have another car and a bike) do I have to pay company car tax? It's a requirement to use their car for the job but I am not exactly benefiting from it. i would have to pay for fuel then claim the receipts back for all the miles done.

Would I still have a full 1060 tax code or not?

Thanks.

[Big Tav]

Thanks of that great reply! Looks like I will just be paying the company car tax so I might as well use it a bit on the weekends then.

The job is doing about 30,000 miles a year. I have the option of taking a fuel card or I can put my fuel on my credit card and keep a log book and claim back any personal miles (which wouldn't be much). How can I work out what that tax implication of a fuel card would be?

I think I remember one of my friends having a fuel card when he worked at BMW and he said he was shocked when he saw what the tax was on it.

Any help would be greatly appreciated!