is it possible to have a company car and not pay tax?
Tax on company cars. Youâll pay tax if you or your family use a company car privately, including for commuting. You pay tax on the value to you of the company car, which depends on things like how much it would cost to buy and the type of fuel it uses. This value of the car is reduced if:1  you have it part-time.2  you pay something towards its cost. 3  it has low CO2 emissions.ou pay tax on the value to you of the company car, which depends on things like how much it would cost to buy and the type of fuel it uses. This value of the car is reduced if: 1  you have it part-time. 2  you pay something towards its cost. 3  it has low CO2 emissions.