Fleet FAQ
Q:
What is the P11D value?
A:
The P11D value is the list price, including extras and VAT.
It excludes the first year registration fee and vehicle tax.
Related content
Furlough scheme extended as employers asked to share the burden
13 May 2020
The coronavirus job retention scheme has been extended until the end of October, but employers will have to share some of the costs from August.
Coronavirus: HMRC publishes new official company car guidance
7 May 2020
HMRC has issued official guidance to fleets on how to treat benefit-in-kind (BIK) tax and expenses during the Covid-19 pandemic.
Fleet industry adversely impacted as coronavirus lockdown bites
30 Apr 2020
Almost three-quarters (72.6%) of respondents to a Fleet News survey say less than 10% of their company cars are being driven for work.
