Car allowance? How much cash do you get post tax?

[PugwasHDJ80]

[mods this might be one for the jobs, but wasn't sure....]

If you get a car allowance how much do you get each month post tax?

what would you feel reasonable if you were paid 40p/22p per mile for fuel?

We have to run a "prestige" car less than 5 years old, and we're having a "discussion" with management about what a fair monthly figure would be.

I do about 17k miles a year purely on business miles.

[PugwasHDJ80]

Mr E said:

By "prestige" I assume they mean "recent Audi/BMW/Merc oil burner"?

Volvo/jag/Lr etc also ok
probably wouldn't be happy with Kia/Ford/Vauxhall etc

Honda probably "just" ok.

Its all a bit silly and the age thing is a pain.

Comcar doesn't really help if you get a "cash" car allowance.

[PugwasHDJ80]

Hi Guys, I'm clear on the tax position, and we've been buying private vehicles paid for by a "cash car allowance" for almost 2 years now.

We used to all have Audi A6s, and the argument is that they company doesn't pay a sufficient car allowance to run these types of vehicles. I don't feel comfortable posting what we receive on an open forum as I know there are other PHers within the company!

[PugwasHDJ80]

40 for 10k and 22 for remainder

we each already claim back the 5p allowance claim between 40 and 45p

[PugwasHDJ80]

Muzzer79 said:

When I was opted out, I was clearing circa £350pm take-home on the car allowance.

We had to have something under 3 years old, 5 door, non 4x4.

If you are expected to run something "prestige" I would be asking for a decent allowance; more than £6k pa, which is the norm. Especially if you're a 40%+ tax payer.

thanks Muzzer,

we're on substantially less than that, I can't make the numbers add up, and wanted to make sure I wasn't going mad.