Javed Hussain

Is anyone able to assist? Thank you

Hello all, I am really trying to understand this company car business however it’s completely frying my brain. I had a cash allowance however have recently sold my car due to wanting a bigger vehicle as my families growing. A car I like has popped up on the company car list and has made me consider a company car but in layman's terms all I want to find out is with the company car how much will my net income be (even an approximate figure) but no one can give me a clear answer. My current income is as per below; £40,000 Salary £7,000 bonus (however this was last years figure this will increase as I recently got promoted) £6,000 cash allowance £761 is life assurance & pension 53,761.49 gross 2,763.83 Total net per month. The car details are; Kia Sportage 1.6 T-GDI 212 Hev GT Line Auto CO2 - 128 P11D - £35,220 Car BIK - £176.10 Removing my current cash allowance of £6k pa, approximately what will my net pay be? Thanks in advance.