NewMustangDE
Well-Known Member
MMM youd then be liable to put it on your p11d as a benefit in kind, and with the mustangs CO2 output that would be some hefty liability. Much more than the vat saved.
The company car system is different in every country in Europe. In the UK its no longer any point in having it. In Holland it may be the only way to afford a car full stop, same with Norway.
In Germany you only pay for your commute to the office and we do not split the taxation between car and fuel, like in the UK. Everything is included so to speak. Fuel is also fully VAT claimable here....
In the old days, there were no tax at all!
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