Company cars: ultra-low emissions vehicles

2019-09-01T11:54:48+01:00January 20th, 2017|Categories: HMRC|Tags: , |

At Budget 2016, the government said it would consult over the summer on changes to the ultra-low emission vehicles (ULEV) bands for taxing company cars to 'focus incentives on the very cleanest cars'. As a result of the consultation, HMRC have now published details of eleven new bands, which will be introduced for ULEVs with emissions below 75gCO2/km from 2020/21, including a separate zero emission band. Some of the lowest CO2 bands are based on the 'electric range' of the vehicle, as well as the CO2 emissions. This is the maximum distance the vehicles can travel in pure electric [...]