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P11d

Could you please tell me if the company car value used on a p11d varies from year to year?

So for example if we bought a company car four years ago, would the same value for the car be used on the p11d year after year, or do we need to find a list price for a brand new equivalent each year

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No

List price when new is the figure you use. So if you buy the car new its the list price at date of purchase (not the purchase price which may well be different). If second hand, then it's the list price at the date of first registration.

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