Car Benefits
Date: Monday 23rd April, 2012
Author: Cathy Corns
Profile: Cathy Corns
From 6 April 2012 only cars with CO2 emissions in the band 76-99g/km will be taxed at 10% of list price. Those with CO2 emissions of 100g/km will be taxed at 11% with the percentage increasing in 1% steps for each additional 5g/km.
From 6 April 2013 the 10% list price band will reduce again to 76-94g/km. A car with CO2 emissions of just 115g/km will then be taxed at 15% of list price.
If you choose to drive a low emissions company car for tax reasons you may need to reconsider your position.
Keywords: car benefits,CO2 emissions
Please note that the opinions expressed in this blog represent the views of the author and not the views of Mercer & Hole.
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