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Author Company Cars
JadeM
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Registered: 9th Feb 06
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26th Feb 07 at 18:51   View Garage View User's Profile U2U Member Reply With Quote

Dads is meant to get a new company car every 3 years on 1st March. He's due his new car this week. His boss has had a word with him today and told him that because one of the employees is leaving, dad will be getting the other employee's old car which is a year and a half old along with a payment of £1000.

It's in dads contract that he'll get a brand new car every 3 years. Mum is going mental telling dad not to accept the offer and that the company have broken their contract. Where does he stand, anyone know?
Stoneyginger
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Registered: 25th Jan 01
Location: Stonehaven, Aberdeenshire
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26th Feb 07 at 18:53   View Garage View User's Profile U2U Member Reply With Quote

Any contract is legally binding so he is well within his right to say no i would have thought
Robin
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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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26th Feb 07 at 18:55   View Garage View User's Profile U2U Member Reply With Quote

will they be replacing it after a while?
JadeM
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26th Feb 07 at 18:57   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robin
will they be replacing it after a while?


Probably in a year and a half's time. They only keep them for 3 years from new.
Robin
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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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26th Feb 07 at 18:58   View Garage View User's Profile U2U Member Reply With Quote

when did your dad last have a new one?
JadeM
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26th Feb 07 at 19:01   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Robin
when did your dad last have a new one?


3 years ago.
Robin
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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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26th Feb 07 at 19:03   View Garage View User's Profile U2U Member Reply With Quote

Yeah, he should tell them to fuck off then

If the contract says so, he's entitled to one.
Colin
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Registered: 4th Apr 02
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26th Feb 07 at 19:04   View User's Profile U2U Member Reply With Quote

What is the year old one they are offering???
JadeM
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26th Feb 07 at 19:04   View Garage View User's Profile U2U Member Reply With Quote

If mum's got anything to do with it, that's exactly what the boss will be told at 8.00am tomorrow morning
JadeM
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26th Feb 07 at 19:05   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
What is the year old one they are offering???



I don't know it's a year and a half old
Ben G
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Registered: 12th Jan 07
Location: Essex
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26th Feb 07 at 19:05   View User's Profile U2U Member Reply With Quote

what is the car called jade?
corb
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Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
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26th Feb 07 at 19:08   View User's Profile U2U Member Reply With Quote

Whats the problem with a year and a half old car? Is it French or something?
Ben G
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Registered: 12th Jan 07
Location: Essex
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26th Feb 07 at 19:09   View User's Profile U2U Member Reply With Quote

i think they are of posh don't accept cars that have had someone else in the drivers seat for fear of stains/smells etc joking
Colin
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26th Feb 07 at 19:09   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by corb
Whats the problem with a year and a half old car? Is it French or something?


Probably the fact your entitled to a new one & still have to pay the tax on it when your not getting what your entitled to!!

[Edited on 26-02-2007 by Colin]
corb
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Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
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26th Feb 07 at 19:11   View User's Profile U2U Member Reply With Quote

I get about 4 or 5 different NEW cars a year tbh, so I cant criticise them! (yes, i am showing off, and do enjoy pissing off the neighbours with new cars all the time )
corb
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Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
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26th Feb 07 at 19:12   View User's Profile U2U Member Reply With Quote

You only pay tax on the value of the car though Colin, so as the value of the car is less at the time its given to him, should mean he pays less tax
Colin
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26th Feb 07 at 19:12   View User's Profile U2U Member Reply With Quote

Then again £1000 is not bad, still get a free car. Tell him the boss needs to up the offer of £1k to £2k (& tax free) or else he wants a new car like he's due!!
Colin
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26th Feb 07 at 19:13   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by corb
You only pay tax on the value of the car though Colin, so as the value of the car is less at the time its given to him, should mean he pays less tax


Yes but im just saying a company car is not free like some folk seem to think, & I think if you have to pay for it you should get what your due!!
corb
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Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
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26th Feb 07 at 19:14   View User's Profile U2U Member Reply With Quote

Company car tax is calculated as a percentage of the P11D value of the car, worked out based on the emmisions etc. of the vehicle, that is seen as a 'Benefit in Kind'. Then you pay the normal tax amount on that 'BIK' or 20% or 44%(cant remember the exact numbers, mental block).

Works out about £40 a month for me on an 'Ibiza'

[Edited on 26-02-2007 by corb]
STEvieXE
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Registered: 21st Jan 03
Location: Ballymena N.I.
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26th Feb 07 at 19:17   View User's Profile U2U Member Reply With Quote

1k plus an older car and less tax to pay sounds good to me.

Colin
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26th Feb 07 at 19:17   View User's Profile U2U Member Reply With Quote

Yeah but thats determined when the car is made & doesnt matter if its brand new or 18months old!!

Would you be happy to pay £40/month for a car that your not the 1st owner???

I know how company cars work, im just saying he should get a new car, not palmed off an old one to save his boss a few £k's.
Colin
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26th Feb 07 at 19:18   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by STEvieXE
1k plus an older car and less tax to pay sounds good to me.




But it wont be less tax will it, because the % is pre-determined & stays with the car regardless of age!
corb
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Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
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26th Feb 07 at 19:22   View User's Profile U2U Member Reply With Quote

tbh, i dont know hos it works on 18month old cars, that's something i'd need to be educated on, as we only ever deal with new company cars then leave it to our accounts/payroll dept. to fuck up
M2RTY
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Registered: 25th May 01
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26th Feb 07 at 19:24   View User's Profile U2U Member Reply With Quote

i would rather have £1500 in my pocket, meet him half way
Colin
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Registered: 4th Apr 02
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26th Feb 07 at 19:24   View User's Profile U2U Member Reply With Quote

Well I for one wouldnt be happy paying out for company car tax for a car that wasnt mine from day 1!! I would rather opt out & buy my own car if thats how its to be!!

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