The New Company Car Tax Rules (CO2 Emissions)
Q. How will the new Company Car Tax Rule affect me?
A.
From 6th April 2002 there will be no discounts for business mileage driven. The new system will be based on a percentage of the car's list price graduated according to its carbon dioxide (CO2) emission.
It will apply to most cars from 2002 (there are some exceptions), which means that most drivers provided with new cars now will be taxed under both the old (i.e. current) system and the new system.
The tax charge will be based on a percentage of the car's list price (as it is now), and the highest charge will be a 35% rate and the lowest charge will be a 15% rate (as they are now).
To find out who the Winners & Losers will be - download the full PDF document by Clicking Here (Approx. 20Kb in size)
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