Thread: M5 Company Car
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      04-22-2013, 06:54 AM   #22
chrisbin
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Drives: M-Benz C250CDi Est
Join Date: May 2005
Location: S.Wales, UK

iTrader: (1)

To answer the original question.....!

IF its a REAL company car, then the costs would be:

For a bog standard (!) M5 without any options:
Tax payable at 40% 10,147 p.a. (car only)

If fuel provided for private use then:
Tax payable at 40% 2,954 p.a. (fuel benefit)

So, I would suspect that he is just using the company to lease the car....!!
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