 How
will I provide this information to the Inland Revenue?
Starting in July 1994, for cars made available after 5 April
1994, you should
- send the Tax Office a quarterly return (Form P46(car))
as at 5 July, 5 October, 5 January and 5 April, showing
employees
- first provided with a car
- provided with a change of car
- provided with an additional car
- already provided with a car who start
to earn at the rate of £8,500 or more or become
a director
- no longer provided with a car.
Form P46 (car) will ask for
- details of car: make, model, engine
size (cc), petrol or diesel
- price of car and accessories
- capital contributions by employees
- expected annual business mileage band.
You will also need to complete a form P11D at the end of the tax year to show details of all expenses payments and benefits provided for each employee.
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