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Nationwide Vehicle Contracts Limited is an appointed representative of Network Vehicles and Renault Financial Services.
To calculate the annual car tax on your company car, the P11D value of the vehicle is multiplied by your income tax percentage rate you pay, and by the cars benefit in kind tax banding which is determined by the CO2/carbon dioxide emissions of the vehicle calculated as a percentage.
Personal Tax Bracket - A person’s tax bracket is calculated by numerous factors but as a guide annual earnings up to £34,370 are taxed at 20% and 40% above £34,370. Earnings in excess of £150,000 are taxed at 50%. The top rate reduces to 45% from 2013-2014.
P11D Value - The P11D Value is the full list price of the car plus any manufacturer delivery charges and the cost of any fitted vehicle options. The car’s first registration fee and yearly road tax are excluded.
CO2: g/km - This is the cardon dioxide emissions value of your vehicle based on the number of grams of carbon dioxide emitted per kilometre driven.
Welcome to our dedicated business car leasing service for business customers. In partnership with the UK’s largest national car leasing companies we offer a complete service from consultation, vehicle funding and supply, vehicle management and vehicle disposal.
As well as competitive funding we understand that fleet managers have to decide whether to lease or purchase their company vehicles, we can advise on all financial aspects from outright purchase or lease hire, cash or cash alternative.
We aim to ensure the management of your fleet is as easy as possible and your drivers are always looked after from delivery, servicing, AA recovery and accident management. Our 24 hour 7 days a week driver helpline covers:
Managing your fleet can be time consuming which is why we offer a fleet management outsource facility which can include some or all of the services below.
All disposals are made in accordance with BVRLA guidelines on fair wear and tear so there are no hidden charges at the end of the contract. We also offer the opportunity for drivers to purchase their vehicles at the end of the contract at current auction prices which offers a significant saving over retail prices.