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Many
companies offer employees a 'Cash for Car' alternative. This means that you
hand back your company car and purchase / lease your own car, using part or
all of the allowance your employer pays you.
Sounds great
doesn't it? But if you've had previous credit problems
or just can't get credit, then
you're in a "catch 22"
and can't take advantage.
You
Can Now!
EXPRESS CAR CREDIT are specialists at obtaining credit for people in
this situation and have already helped many people break free from their
company cars, who now own their own car and enjoy all the benefits of a
company car but without
the tax drawbacks!
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To calculate
the amount of tax you will pay on a new car there are 3 main pieces of
information you will need.
1. List Price (P11D) value of the car.
This is the official list price of the vehicle,
(also called the P11D value).
This price will be the same, regardless of the price you actually pay for
the vehicle.
2. Income Tax.
This will be either 22% or 40% depending on your earnings.
3. Tax Liability Rate.
This is based on the vehicles CO2 emissions
(as per the tax bandings detailed above).
Once
you have these 3 figures give our experienced staff a call on
0870 157 2880
and we will see how much money
we can save you with your car allowance.
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