Associate
Hi There
I am just about to switch jobs and as part of the paccage for the new role I get a company car. I have had company cars before and never had a problem, I also have a car of my own that i intend to keep.
My question is thus... as part of the deal I have to lease a car in my name but bill my firm for, they in turn pay all of the running costs including servicing, insurance etc and then apparently i have to claim something back....???
before i have just recived the car and a fuel card, then paid an ammount monthly in tax for it.. i dont like the idea of leasing a car in my name for the simple reason that if anything should go south with the job in say 12 months time im stuck with a lease car for two years...
can anyone help shed some light on this? im told it is becoming incresingly popular way to run company cars...
cheers.
I am just about to switch jobs and as part of the paccage for the new role I get a company car. I have had company cars before and never had a problem, I also have a car of my own that i intend to keep.
My question is thus... as part of the deal I have to lease a car in my name but bill my firm for, they in turn pay all of the running costs including servicing, insurance etc and then apparently i have to claim something back....???
before i have just recived the car and a fuel card, then paid an ammount monthly in tax for it.. i dont like the idea of leasing a car in my name for the simple reason that if anything should go south with the job in say 12 months time im stuck with a lease car for two years...
can anyone help shed some light on this? im told it is becoming incresingly popular way to run company cars...
cheers.