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Posted Mon, 13 May 2024 10:42:00 GMT by Mike Bees
I’m completing my tax return for 2023/2024. During that tax year I had a company car for the first 9 months only. In declaring this do I pro-rata the vehicle’s annual BIK value and put that down as the taxable benefit?
Posted Thu, 16 May 2024 09:49:37 GMT by HMRC Admin 25 Response
Hi Mike Bees,
You are  correct.
You can find detailed guidance on how to do that here:
Step 6: Reductions for periods when car unavailable
Thank you. 
 
Posted Thu, 16 May 2024 13:15:33 GMT by Mike Bees
Thankyou, that is most helpful

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