Company vehicle information

Question 1

How much company vehicle tax will be due on my leased vehicle per annum?

lombard · Accepted Answer

The annual car tax on your company car will depend on a number of factors:

- The P11D value
- Your income tax percentage rate
- The benefit in kind (BIK) tax banding, which is determined by its CO2 emissions

Access the [company car tax calculator here](targetSelf:https://lvstaxguide.co.uk/taxcalculator/basic/) to get an exact amount.

Question 2

What is my duty of care to employees driving their own vehicles for work?

lombard · Accepted Answer

It is the responsibility of the business to assess risks associated with drivers using their own vehicles and to understand the actions that are needed to manage the risk.

Question 3

When will it become more cost effective to provide a company lease car rather than leave an employee as a Grey Fleet driver?

lombard · Accepted Answer

It is estimated that the point where it becomes more cost effective to provide a company lease vehicle is somewhere between 6,000 and 10,000 miles.

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