As an employee, you pay tax on company benefits like cars, accommodation and loans.
The amount of tax you pay depends on the value of the benefits that you get.
Your employer takes the tax you owe from your wages.
You’ll always pay tax on benefits from your job if:
- you’re a company director
- you earn £8,500 a year or more (including the value of the benefits)
Some company benefits can be tax-free, eg childcare and canteen meals.