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If i get 拢450 car allowance per month, how much is it after taxes?



does my salary level affect the level of my car allowance tax or is this calculated separately ?

Your salary does affect it. Check out www.i-resign.com it has a finance tool that shows you what you will be taxed. You should include your car tax in your salary as it is taxed as if it is salary. The only difference from salary to car allowance is that your company won't take it into account as your pensionable salary. Source(s): I'm an HR manager
If your tax level is 40% then you will be taxed on the benefit at 40%.
well after gordon has taken his tax you will get 25p vote tory next time
The car allowance will be taxed at your normal rate.
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