Lower Emissions Company Cars

If you have the option of a company car, or are about to change your current company car, think about the CO2 emissions of any vehicle you are considering.

Choosing a car with lower emissions can save considerably on the amount of the taxable benefit in kind, and consequently decrease your tax liability.

The taxable benefit is calculated as a percentage of the list price of the car, and the higher the emissions, the higher the percentage applied.

Please see here for a full list of current and proposed rates.

Advertisements