UK Company & Car Owner

[pheverish]

I have had my 4h since June 2014 and have always considered buying it back from the Company (owned by me) when the cost of company ownership was greater than personal ownership.
Has anyone else crunched the numbers, taking into account rising BIK rates, Class 1a NIC, CT liability when sold, mileage allowances, no more off-set against CT for servicing, repairs, mileage, insurance etc. (and anything else I haven't thought of)

I'm in the 20% tax bracket, do about 20k miles a year, and my long term average is 60mpg

 

[MackV12]

At 20℅ BIK this is not an issue. I am a 40℅ BIK - so my cots double.

I gave my wife the PHEV as her company car - she is a 20℅ BIK.

I bought the Prius off my company and now make a profit.

Really miss the PHEV as it drives so much better than the Prius.