Company car drivers would pay more tax_2
7 September 2012
Company car drivers in the UK would rather face double the tax on their car than downgrade their vehicle or use public transport, according to a survey by the RAC.
The RAC’s Report of Motoring 2004 found that of 250 company car drivers surveyed, 56 per cent would suffer increased motoring costs of £1,500 rather than use an alternative form of transport.
Duncan Wilkes, Managing Director of RAC Business Solutions, said: "Company car drivers are apparently willing to sacrifice an additional £1,500 per annum before they would...