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Author Topic: company car net effect on salary  (Read 651 times)

Offline nadlad

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company car net effect on salary
« on: October 27, 2013, 07:28:20 am »
Can anyone work out how much you get deducted off your salary per month for having a company car.

Car is Astra 1.7 CDTi 16V ecoFLEX Tech line 5dr [Start/Stop] Estate 6sp EU5 MY12.5 105g £20,330

Tax payable at 20% £649.

Just don't understand what the net effect on your salary is our how to work ir out is it basically  649/ 12 months equals 54 quid docked of wages?
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