Company car question

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Discussion

BS75

Original Poster:

1,971 posts

167 months

Monday 25th June 2012
quotequote all
As a field based technician, I currently run a private diesel car for work purposes, subsidised by the 45p/25p HMRC Fixed Profit Car Scheme.

Having checked my employment contract there is no section that mentions anything about vehicles at all. The arrangement was implemented by my former boss a few years ago, and in the interim the company has been sold. The new owners have not adjusted my contract or given me a new one.

However I have heard a rumour that as a 'tax-dodge' to the company's benefit, I will in the near future be forced to accept a new company provided hybrid instead.

This would cause a few problems for me.

Logistically, I simply have nowhere I can park it at home, while I own my current car.
Financially, I have commitments to a vehicle which was chosen specifically to fill the requirements of my job, with a view to running it indefinitely (or in the very least for another year before changing it).

Does anyone know where someone in my position stands with regard to this - do I have grounds to refuse an unwanted company car and continue with my current arrangement?

Advice gratefully received.

BS75

Original Poster:

1,971 posts

167 months

Monday 25th June 2012
quotequote all
Yeah, that's what I'd like to avoid. Am I able to refuse it though, or do I simply have to take it when they chuck the keys at me?

BS75

Original Poster:

1,971 posts

167 months

Tuesday 26th June 2012
quotequote all
Thanks Inkyfingers, that is a primary financial concern - I do enough travelling that my present car basically pays for itself and doesn't incur a BIK tax. Without even considering the finance/depreciation differential I would be significantly worse off, not to mention the trade down from a fairly nice car to a much smaller, slower and unpleasant hybrid.

XDA said:
Sell your own car and that'll solve your financial commitments and give you a parking space?
Yeah incase you missed the entire point of the question, I don't want to. My car rocks, the suggested replacement is st. And will cost me more.

Edited by BS75 on Tuesday 26th June 09:11

BS75

Original Poster:

1,971 posts

167 months

Tuesday 26th June 2012
quotequote all
I am not going to post my personal matters in that level of detail, so imagine that someone has finance on their current car with a year left in a hire purchase contract, the early termination of which would see them having to fork out the remaining amount in a lump sum (which they may not even have) plus penalty charges, and then take a depreciation hit of a couple thousand more by selling the car much earlier than planned.
And then on top of that having to pay another £42 / month for a car they'd rather chew their own arms off than spend 8 hours a day in.

Where does that person stand, with reference to my actual question which I will remind you is the refusal of the new arrangement that they haven't been consulted on?

BS75

Original Poster:

1,971 posts

167 months

Tuesday 26th June 2012
quotequote all
I haven't got any finance, I'm using an example - but the principle re: changing schemes is the same. There was no consultation, I've had no input into the choice of car, and making a change like this in this way COULD have huge ramifications for someone. How big they actually are to me now is irrelevant - the simple fact is it is a change that I don't want and I want to know if they can make me accept the changes and just arbitrarily give me a new contract that is full of terms I don't agree with.

BS75

Original Poster:

1,971 posts

167 months

Tuesday 26th June 2012
quotequote all
Hmm, seems I'm just at the mercy of how reasonable the boss is then....which isn't very. laugh Thanks for the input.

BS75

Original Poster:

1,971 posts

167 months

Saturday 26th January 2013
quotequote all
The situation was resolved by me leaving for a company that offered a much better package.

Edited by BS75 on Saturday 26th January 13:01