Company Car vs Own Car (PwC)

Hey everyone, I know this might not seem on the right forum but I want advice on the matter purely related to the scenario at the big 4 accounting firms so thought it was probobly the best place to put it, if I have got it wrong please move. Sorry if I am wrong!

Ok so basically I have an offer for audit starting in September in the Bristol office of PWC, I am aware that audit will involve lots of travelling and thus lots of driving. I can get a company car but dont know whether to get the company car or get my own car this summer.
What is the difference, am I right in thinknig if you get a company car (I think you lease it) they pay for Tax, MOTs and even your own insurance or is this wrong? If true why would you choose to get your own car, is there any benifits to having your own car as to having one of their company cars, and vice versa?

Thanks for any help to anyone who can spare the time! x

Ah cheers for the help guys, I was hoping there might be someone on here who actually got a company car at PWC or a similar firm so they could run me through the basics.
If you get taxed I guess you pay your own insurance as well? What about MOTs?

Thanks guys x

No, company car schemes usually have the company paying for the MOTs, repairs, etc. The tax is an employment benefit, not the road tax.

You'll be taxed on an employment benefit based on the car CO2 emissions and car list price.

They tax you extra just for using their lease car? On top of lease payments?

Thanks alot, xx

Hey everyone, I know this might not seem on the right forum but I want advice on the matter purely related to the scenario at the big 4 accounting firms so thought it was probobly the best place to put it, if I have got it wrong please move. Sorry if I am wrong!

Ok so basically I have an offer for audit starting in September in the Bristol office of PWC, I am aware that audit will involve lots of travelling and thus lots of driving. I can get a company car but dont know whether to get the company car or get my own car this summer.
What is the difference, am I right in thinknig if you get a company car (I think you lease it) they pay for Tax, MOTs and even your own insurance or is this wrong? If true why would you choose to get your own car, is there any benifits to having your own car as to having one of their company cars, and vice versa?

Thanks for any help to anyone who can spare the time! x

What was your starting salary offer for the bristol office if you don't mind me asking? I've just transferred my offer from london for corporate tax.

The scheme cars cost a bomb even for basic cars. If you can get halfway reasonably priced insurance in your own name, it's much cheaper to operate your own car.