Mileage Cost Calculator (Updated for latest Advisory Rates):

Please Enter Fuel Cost:           Enter Yearly Business Mileage:       Enter Average MPG:

                                                                 

Please choose Engine Size       Fuel Type
1400cc or Less 1401cc to 2000cc Over 2000cc                  Petrol Diesel LPG

Please note that the figure above relating to Extra cash relates the the extra amount of money you can
claim if you replaced your company car with a personal car. Please remember that there are a number of
expenses associated with running you own car, and these vary from car to car, so before making any
decision to sacrifice a company car you should alway take these into account.

Here are some of the costs you should think about:

Tyres
Insurance
Road Tax
Servicing

But of course on the other hand, most companies will give a cash equivilent value for giving up a company
car, and you would also stop paying the extra tax for the privilage of using the car. Again these values
will differ between cars and companies and so please think very carefully and take all variables into
account when choosing to keep or give up a company car.

As a general rule it is cheaper for companies to offer a company car if you do a high volume of miles, so
of course they are likely to want to keep you using a company car if your business mileage is high.
If this is the case, you could easily use the money lost by using the company car as a bargaining tool for
a pay rise.