VAG scandal, Company cars & BIK
Discussion
It's looking increasingly likly that company car/lease costs are going to rise for those people who have a VAG diesel on company lease.
So, assuming the tax grouping is rasied after revision of the CO2 rating, this indicates that BIK will increase for the impacted users - I'm not certain how much it will raise BIK per vehicle, but will probably be between 1-10% depending on how bad the numbers were fudged. Therefore, can a user legitimately reject a car mid-term if the costs have increased beyond those projected? (My thought is probably not as the increase in cost is via taxation and not a cost imparted by the lease companies?)
What are peoples thoughts?
(Apologies if this has been asked before)
So, assuming the tax grouping is rasied after revision of the CO2 rating, this indicates that BIK will increase for the impacted users - I'm not certain how much it will raise BIK per vehicle, but will probably be between 1-10% depending on how bad the numbers were fudged. Therefore, can a user legitimately reject a car mid-term if the costs have increased beyond those projected? (My thought is probably not as the increase in cost is via taxation and not a cost imparted by the lease companies?)
What are peoples thoughts?
(Apologies if this has been asked before)
BrettMRC said:
It's looking increasingly likly that company car/lease costs are going to rise for those people who have a VAG diesel on company lease.
I doubt that's true - what would the lease cost increase?BrettMRC said:
So, assuming the tax grouping is rasied after revision of the CO2 rating, this indicates that BIK will increase for the impacted users - I'm not certain how much it will raise BIK per vehicle, but will probably be between 1-10% depending on how bad the numbers were fudged.
Even if that happened, which it won't, it'd still be small beer compared to the huge increases already baked in to the BIK rates.Sheepshanks said:
BrettMRC said:
It's looking increasingly likly that company car/lease costs are going to rise for those people who have a VAG diesel on company lease.
I doubt that's true - what would the lease cost increase?All the cars in question have a stated CO2 on the V5C. This is what the BIK is based on therefore if you comply with the recall the Govt. has no basis for increasing it.
Interestingly my Skoda Octavia Scout TDi is rated at 47.9mpg with the CO2 that incurs, my average over 12K miles is actually 50.2, perhaps I should ask for a reduction in the VED rate? No way am I going to allow a recall to mess it up!
Interestingly my Skoda Octavia Scout TDi is rated at 47.9mpg with the CO2 that incurs, my average over 12K miles is actually 50.2, perhaps I should ask for a reduction in the VED rate? No way am I going to allow a recall to mess it up!
DaveH23 said:
I would imagine most decent employers would increase the basic wage to account for the increase in BIK until renewal time if you where tied to the car.
What planet you on?Seriously - in some 30+ years of being issued or choosing a company car & most years seeing an increase in my personal costs for so doing NO employer indicated any interest in my dilemma. Salary increase? No way,in other words "hard luck".
In the end I found other ways of increasing my income & in my employers time & at their expense so I got my own back for their indifference.
Collectingbrass said:
Sheepshanks said:
BrettMRC said:
It's looking increasingly likly that company car/lease costs are going to rise for those people who have a VAG diesel on company lease.
I doubt that's true - what would the lease cost increase?It's still too early to know for certain what is going to happen with RVs, or if VAG will increase supply discount terms to leasing fleets to cover the shortfall.
WJNB said:
DaveH23 said:
I would imagine most decent employers would increase the basic wage to account for the increase in BIK until renewal time if you where tied to the car.
What planet you on?Seriously - in some 30+ years of being issued or choosing a company car & most years seeing an increase in my personal costs for so doing NO employer indicated any interest in my dilemma. Salary increase? No way,in other words "hard luck".
In the end I found other ways of increasing my income & in my employers time & at their expense so I got my own back for their indifference.
I think he's on the same planet as you are.......
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