I am new to this, so would appreciate your help.
I have recently started a new job, which includes car allowance,and as I previously had a company car in a different company, I need to sort one out ASAP.
I receive the following:
£450.00 p/month (before tax)
20p per mile for business miles (I believe I get tax relief on another 25p for first 10,000 miles at the end of the tax year?)
Approximate mileage (combined business and personal) is 25k.
I am looking at a Personal Contract Hire (in my name as the company won't do it), based on the high mileage.
Can anybody recommend:
Any companies who offer competitive rates?
A fuel economical Diesel car that wont cost the earth but looks good.
Maintenance - is it worth it at approx £60-£70 per month?
Tax claims - P11. Is there ahything except the mileage that I can claim back as using the car for business use?
Many thanks for your help