The guide, compiled in association with Deloitte, provides detailed analysis of this year’s Budget announcements, including:

• The accelerated 3% rise in the CO2 thresholds for company car tax announced for 2019/20 tax years
• The slower-than-expected company car tax rate increases for ULEV vehicles in 2019/20
• The reduction in the rates of corporation tax from 21% to 20%, to 19% in 2017 and to 18% in 2020 

As well as explaining the latest changes in tax provisions, the report, 'Company Car Taxation: Your Guide for 2015', also explains related considerations including the impact of VAT on company cars, the importance of vehicle excise duty and various tax relief calculations. 

It also includes worked examples to demonstrate exactly how the evolution of tax policy can affect overall fleet costs and the guide examines how relevant individual elements of fleet policy are affected by the Chancellor’s changes. 

The guide shows that the combination of relatively minor tweaks to various company car measures still has significant potential impacts for fleet decision makers.

Matt Dyer, managing director, LeasePlan, said: “Navigating the UK’s changing tax environment has always been a priority for fleet decision-makers, and the changes announced in the last few months mean a recalibration of this knowledge is required. Now the ability to react quickly and effectively to adjust to the demands of this new regime can make a huge difference in potential fleet savings.

“This annual LeasePlan taxation report has become a crucial tool for many customers and it showcases the expertise of our sector-leading consultancy team. I’m delighted to be able to share this element of our client service offering with the wider world.”  

The full guide can be downloaded from the following link: www.easiertoleaseplan.co.uk