I'd guess as he says 'inc CC tax', it's probably a salary sacrifice leaseIs the 85 the facelifted version with slightly increased range and performance?
£140 a month on Hire Purchase?!
So, given this, and given that my car allowance is taxed at my marginal rate, is there some kind of tax rebate for work mileage that will bridge the gap between own vehicle rates and car allowance rates? Or does the fact that the lease is done by my employer make it a company vehicle?
Thanks very much for this.Who is paying for the lease?
If it is coming out of your car allowance (which is already taxed) then I believe it would be classed as a personal car regardless of who actually arranged it, and so you would be entitled to the full HMRC rate, you can claim tax relief on the difference.
E.g. if you did 1000 miles and were reimbursed 25p/mile, you could claim tax relief on the remaining £200 (20p x 1000), so for a basic rate tax payer that would be £40, for higher rate £80.
Don't forget the rate drops to 25p/mile after 10k miles/year.
I used to have to do this every year, and there was a very quick and easy form to fill in for it. Iirc it took about 10 minutes and got a cheque for about £600 in the post a couple of months later
oooh, so I don't need to do a self assessment return?! This is great news...Exactly - we get rinsed for enough tax, so might as well claim back what you're entitled to!
Looks like you don't even need to post off a form now, can be done online: https://www.gov.uk/tax-relief-for-employees/vehicles-you-use-for-work
Scary thought now that no one needs training or a licence to tow anymore.My Model 3 departed today and it’s off to a dealer to find a new home. I’ve already spent the cash twice over
We are still fully electric though and we should be taking the Model Y with the caravan out for its maiden tow in a couple of weeks. I’ll report back on how I get on.
It should be interesting given I’ve never towed anything.
Tell me about it. The official caravan club courses don’t start again until the summer in my area either…Scary thought now that no one needs training or a licence to tow anymore.
I reckon it's not even the manufacturers that will change the landscape.They said that about the ID3, it will change the landscape bla bla. The reality is the chinese manufacturers will change the landscape, the establishment at the bottom end of the market has not ticked the boxes yet, even the low end stuff is too comprimised and too expensive.
Indeed.Folk that claim no charging near them and moan have probably never actually looked. There are a lot of charge points dotted all over the place. I usually suggest looking on Zap map etc Al and they'll see there are quite a few. Guy on FB claimed there are none in Cumbria and none in North Wales yet showing them a map soon shuts them up.
I reckon it's not even the manufacturers that will change the landscape.
It's going to be infrastructure. The FUD (justified or not) around range anxiety, queues, time to charge, lack of available local charging infrastructure is the biggest handbrake on all this.
To be fair im still in 2 minds, I will need to use public chargepoints on a couple of my regular trip, which from a cost POV will be an issue. Tesla are still the only ones that have the infrastructure nailed, shame their cars are not ticking any boxes for me![]()