LeasePlan releases latest Company Car Taxation Guide
The Guide provides a five year update based upon this year’s Budget announcements, including:
- The re-calibrating of CO2 thresholds for the Capital Allowance regime
- The introduction of new Company Car Tax bands to better support the take-up of ultra low emission vehicles (ULEVs)
- An additional £3bn of government infrastructure spend, albeit deferred until 2015
- The surprise additional 1% reduction in the corporation tax rate
The Guide is also designed to help managers understand the impact of previous budget changes, some of which are only now beginning to feed through.
The Guide is available to download here.