P11D - Classic car voucher wedding present

P11D - Classic car voucher wedding present

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A company provided an employee with a 3-day classic car weekend voucher as a wedding present. The cost was £500 but as this is for the provision of a car I assume it will be necessary to obtain full details of the vehicle actually hired including date first registered, CO2 (if any), CC, list price, value if over 15 years old etc. Before I put this to the client and the car hire firm and as this was for a voucher am I correct or should I merely show the cost of the voucher in the "vouchers" section of the P11D?

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By Portia Nina Levin
28th Apr 2016 16:57

Was the car made available to him by reason of his employment or by reason of him having a voucher that was provided to him by reason of his employment?

Incidentally at 35% the list price/value would need to be £173,810 before a 3-day car benefit exceeded £500. If car benefit applied and was less than £500 the difference would be taxable under section 62 in any event.

I would say the £500 just goes on the vouchers section.

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