Company Car Taxation Changes for 2012 | Cocoon Vehicles Ltd

Company Car Taxation Changes for 2012

From the 6th April 2012 special rules for qualifying low emission cars (QUALEC’s) will be abolished.

The lower threshold will also be reduced to 120g/km from 125g/km. This is the CO2 emission figure which sets the 15% rate.

The lowest percentages are still 0% an 5%, but the 10% rate will only appy to cars up to an emission level of 99g/km. From 100g/km the rate will be 11% and rises by an additional 1% for every 5g/km to the current maximum (220g/km) of 35%.

For more information on this please visit www.hmrc.gov.uk/cars/rule-changes.htm

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on tumblr
Tumblr
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp

Get in touch

Latest News

Latest Offers to your inbox

UNSUBSCRIBE AT ANYTIME
Service Provided by Mailchimp