The aim of the current tax regime for company cars is to encourage companies and their employees to chose more environmentally friendly cars.
These employer provided cars are taxed according to the list price of the card, but graduated depending on the carbon dioxide emissions. In this fact sheet on Cars for Employees read more about:-
- The current rules and the percentage charges according to the carbon dioxide emissions
- The diesel supplement
- Private fuel
- Business fuel
- An employee’s use their private car
Download our fact sheet on cars for employees Get in touch with DRG to find out more about company cars
You might also find our fact sheet "Business motoring - tax considerations" useful for further information.
If you would like to discuss company cars and the tax treatment of your employer provided vehicles, please do get in touch our tax specialists at DRG Chartered Accountants. We would be delighted to hear from you.
DISCLAIMER: This information is for guidance only, and professional advice should be obtained before acting on any information contained herein. We will not accept any responsibility for loss to any person as a result of action taken or refrained from in consequence of the contents of this publication.