Since 6 April 2002, the personal taxation of a company car has been based on the CO2 emissions of the vehicle.
The table below shows the % of P11D value that is to be taxed. The appropriate percentage is based on the car's approved CO2 emissions figure. There are some supplements and reductions to take account of different fuels, as further explained below.
Company Car Tax Table
Yr 2009 / 2010 |
Yr 2010 / 2011 |
Yr 2011 / 2012 |
Taxable% |
|
Petrol |
Diesel |
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120 or less |
120 or less |
120 or less |
10% |
13% |
135 |
130 |
125 |
15% |
18% |
140 |
135 |
130 |
16% |
19% |
145 |
140 |
135 |
17% |
20% |
150 |
145 |
140 |
18% |
21% |
155 |
150 |
145 |
19% |
22% |
160 |
155 |
150 |
20% |
23% |
165 |
160 |
155 |
21% |
24% |
170 |
165 |
160 |
22% |
25% |
175 |
170 |
165 |
23% |
26% |
180 |
175 |
170 |
24% |
27% |
185 |
180 |
175 |
25% |
28% |
190 |
185 |
180 |
26% |
29% |
195 |
190 |
185 |
27% |
30% |
200 |
195 |
190 |
28% |
31% |
205 |
200 |
195 |
29% |
32% |
210 |
205 |
200 |
30% |
33% |
215 |
210 |
205 |
31% |
34% |
220 |
215 |
210 |
32% |
35% |
225 |
220 |
215 |
33% |
35% |
230 |
225 |
220 |
34% |
35% |
235 |
230 |
225 |
35% |
35% |
*Round Exact CO2 figure down to nearest 5 g/km except for the 10% |
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Electric cars 6% reduction |
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Hybrid Electric 3% reduction |
|
|
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Gas Only 2% reduction |
|
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Bi Fuel 2% reduction |
|
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E85 Fuel 2% reduction |
|
|
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Euro 6 diesel compliance - TBA reduction |
|
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Reductions capped at 10% min. other than Electric at 9% |
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Over the years, Mark and his team have provided a first class service; combining competitive pricing with a very efficient and personal service, a thorough understanding of our business and the ability to react at short notice to our varied fleet requirements. I cannot recommend them too highly.