Petrol cars just over 2 litres & under 160g/km

[acme]

Just noted that HMRC recommended fuel rates for over 2 litre petrols are 22p mile - this is where you've opted out of a company car.

Anyone think of a suitable one, I did think a M135i would qualify but our company policy is below 160g/km!

Cheers

[Matthen]

The 2 litre skyactive in the mazda3 is rated at 119 g/km. I imagine it's one of the few in that bracket.

ETA - They supposedly do a 2.5L one, which is likely below 160 g/km as well, however I cannot find it on the UK website.

Edited by Matthen on Friday 5th May 17:00

[jkh112]

acme said:

Just noted that HMRC recommended fuel rates for over 2 litre petrols are 22p mile - this is where you've opted out of a company car.

Anyone think of a suitable one, I did think a M135i would qualify but our company policy is below 160g/km!

Cheers

The HMRC recommended fuel rates are for company cars, for those in non company cars (including those who have opted out and taken the allowance) they allow up to 45p per mile, although your employer may pay less than this amount.

Edited by jkh112 on Friday 5th May 18:20

[angels95]

A BMW 340i would do the job. 3.0-litre petrol and 159g/km. Would have to be an auto unfortunately.

[Matt UK]

jkh112 said:

The HMRC recommended fuel rates are for company cars, for those in non company cars (including those who have opted out and taken the allowance) they allow up to 45p per mile, although your employer may pay less than this amount.

Edited by jkh112 on Friday 5th May 18:20

... from which you can claim the tax between the two.

[jkh112]

OP have I misunderstood and you mean your employer pays HMRC company car rates to those who have opted out and use their own car?

[acme]

angels95 said:

A BMW 340i would do the job. 3.0-litre petrol and 159g/km. Would have to be an auto unfortunately.

Nice one! Let's hope they drop like a stone!

Autos fine for what I do, national role!

[acme]

Matt UK said:

... from which you can claim the tax between the two.

Practically anyone know how this works? Complete on self assessment?

[acme]

jkh112 said:

OP have I misunderstood and you mean your employer pays HMRC company car rates to those who have opted out and use their own car?

Yep. For both those in CC's & those opted out you get HMRC recommended rates. Which is a pain as a total numpty works out the rates. Even driving like a granny they don't cover petrol costs!

[acme]

acme said:

Nice one! Let's hope they drop like a stone!

Autos fine for what I do, national role!

Having said that it would be nice not to have a 3 series. Our work car parks look like BM dealers, & having time in a 3 this week, admittedly a 318D the plastics looked pretty cheap & nasty.

[Matt UK]

acme said:

Matt UK said:

... from which you can claim the tax between the two.

Practically anyone know how this works? Complete on self assessment?

Yup, on your SA.
Just google mileage tax relief.