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P46 company car

Judith ORORKE
Posted Thu, 25 Jul 2024 11:24:14 GMT by Judith ORORKE
A company car is used by both the husband and wife for business and private use. Does the company need to complete two P46 (Car) forms or just one, and then complete and share the benefit on each individuals P11D?
HMRC Admin 25 Response
Posted Fri, 26 Jul 2024 07:16:01 GMT by HMRC Admin 25 Response
Hi Judith,
Unless both parties work for the company then it would only be one P46(car) and one P11d on the individual who works for the business.
Thank you. 
Judith ORORKE
Posted Fri, 26 Jul 2024 08:52:26 GMT by Judith ORORKE
They are both directors of the company and draw a salary. Does this change the requirements?
HMRC Admin 17 Response
Posted Mon, 29 Jul 2024 13:28:52 GMT by HMRC Admin 17 Response

Hi ,
 
Please see :

How to work out the benefit of a company car (480: Chapter 12) .

Thank you .

 

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