It is worked out on the basis of the vehicle’s CO2 output, its P11D value (the list price of the car including extras and VAT, but excluding the first-year registration fee and vehicle excise duty) and your in
First up, you need to know your company car’s P11D value. This is the list price, including VAT and delivery charges, but not including the first registration fee or the first year ofroad tax (VED). Don’t forget any extras you plan to add to the car's basic spec – these have...
P11D is a set of numbers and letters very familiar to fleet car drivers, because this is the value of the car on which you’ll be taxed. The P11D value is the on-the-road price, but less the cost of registration and the first year's VED (road tax). However, that price does in...