The (taxable) benefits of milk floats…

Got my tax code through for the next financial year the other day. The taxable benefit for my company car seemed a little high at £2355 and I phoned the Tax Office to query it. I was told in no uncertain terms that my company had updated the files to show that I now ran a hybrid car and that the taxable benefit was correct, so I left it at that. Today I got a new notice, with a taxable benefit of £1209! Glee. The fuel economy may not be much better than my old diesel estate, but there are certainly savings to be made running a hybrid.

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