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Company Cars: Taxation

Question for Treasury

UIN 155786, tabled on 20 June 2018

To ask Mr Chancellor of the Exchequer, when he plans to announce the rates of company car tax which will apply from April 2021.

Answered on

28 June 2018

From 2020/21, the government will be introducing eleven new company car tax bands for ultra-low emission vehicles (ULEVs). These changes were announced at Autumn Statement 2016 to provide certainty of the future tax liability for company car employers and employees.

The government aims to announce the company car tax rates three years in advance of implementation.

Answered by

Treasury