Company Car Scheme
WHAT'S THE CHARGE?
Your monthly RBSelect charge depends on your vehicle selection.
You can get a quote either by logging onto the Hitachi Capital Car Solutions website, or by contacting a member of the RBS team on 0845 246 0995.
If you do not have log on details for the Hitachi Capital Car Solutions website – you can submit your request at www.rbsyourcar.com
The monthly RBSelect charge is deducted from your ValueAccount and as such is a deduction from your gross salary.
You will have a Benefit in Kind tax liability and you are subject to full company car tax calculated at your marginal rate (your highest rate) of taxation. The tax payable is calculated using:
- The Benefit in Kind (BIK) price of the vehicle chosen under the scheme, this is the list price including any options chosen and manufacturers delivery cost.
- The CO2 emissions percentage for your vehicle. The higher the emissions the higher the percentage.
- Your marginal rate of tax.