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Company Car - Net adjusted income

Answer
Markkennedy87
Posted Thu, 29 Aug 2024 12:51:33 GMT by Markkennedy87
Hello When working out net adjusted income including a company car, do you add in the full value of the payments towards the car in that tax year, or the value of the benefit in kind that the company car attracts? Many thanks
Answer
HMRC Admin 25 Response
Posted Wed, 11 Sep 2024 06:24:36 GMT by HMRC Admin 25 Response
Hi Markkennedy87,
You would add the Benefit In Kind value of the car. 
Thank you. 
 

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