In the UK company car owners are being hit by the HRMC for back tax for incorrect or late company submissons. In addition to have a large company car to impress is no longer an option if the car is a "fuel guzzler". When deciding on your company car please consider the CO2 emissions first followed by the Car Value. Both are factors taken into consideration and can save you paying excessive tax each month.
Please use the current UK HRMC calculator below to help calcualte the effect on your PAYE