Green fuelsMarch 7, 2011 All company cars that run on something other than petrol or diesel currently attract a discount in the percentage of list price used to calculate the car benefit. Hybrid electric/petrol cars qualify for a 3% discount, and LPG cars are given a 2% discount. All such discounts are abolished from 6 April 2011, and the regular 1% increase in list price percentages will apply to all cars with CO2 emissions of 130g/km or more. This could have a significant effect on the taxable benefit for larger hybrid cars. Changes to company car benefit from 2011/12 |
Archives
|
