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Company Cars: Taxation

Question for Treasury

UIN 155787, tabled on 20 June 2018

To ask Mr Chancellor of the Exchequer, if he will bring forward the introduction of lower company car tax thresholds for ultra low emission vehicles.

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.

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