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Car tax rebate?

10 replies

fourtothedozen · 09/07/2015 21:10

Any experts here?OH has a new job, started beg June, last job had a company car, which he was taxed on but handed back when he left. Would he be due any rebate on the tax he has paid for those two months? I know he had two months of car benefit but is it a straight pro rata payment, or does the fact he has a threshhold mean he has maybe paid too much over the forthcoming year? I cant get my head around the logic .

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TalkinPeace · 09/07/2015 21:29

pro rata, back into your bank.
worked a treat when I sold my car

but only if the ownership of the car changes .... why did he tax a car he did not own?

fourtothedozen · 09/07/2015 21:50

No I am talking about income tax on company car, not road tax,

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TalkinPeace · 09/07/2015 22:02

oh, sorry, not till next years's coding through the p11d

fourtothedozen · 09/07/2015 22:07

THanks talkinpeace- would he actually be due a rebate? I can't fathom the logic. My instinct tells me yes, I knwo he has had the car for two months and has to pay tax for those two months, but because of the threshhold he has been taxed at a higher rate than he should be once balanced over the whole year.

Im not explaining myself very well, sorry. And I cant explain my fuzzy logic to him either- he thinks I am wrong but I would like him to at least enquire, which he is reluctant to do unless I can explain my reasoning.

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TalkinPeace · 09/07/2015 22:09

Unlikely.
P11d works through annual coding : when they get their arses in gear his code will rise so he'll pay less tax for a few months
no rebate but reduced tax IYSWIM

fourtothedozen · 09/07/2015 22:13

Thanks, I don't mind in which way any overpayment comes though, a reduction in TAX for a couple of months would be fine- so is my thinking correct then- that for those two months he is due a reduction or rebate when balanced out over the year?

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TalkinPeace · 09/07/2015 22:18

no rebate
just reduction
and it could be many, many months till it happens

fourtothedozen · 09/07/2015 22:25

OK thanks.

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Belle888 · 10/07/2015 18:30

My husband has a company car and has had a large rebate (over a grand) when he changed to a more economic car half way through the tax year. Unfortunately it isn't until your p11d is done that they will back date. Hope that makes sense x

fourtothedozen · 10/07/2015 20:15

Thanks Belle, he has spoken to the TAX office today, so hopefully is sorted out.

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