More on falling company cars numbers

More on falling company cars numbers

Aug 19, 2021 | Company Cars, P11D

In 2010 the average company car emitted 147g/km of CO2, had a scale charge (the List Price x SC%) of £3,865 and the average company car driver had a marginal tax rate of 31.9%. By 2020 the CO2 emissions had fallen by 24% to 111g/km of CO2 and, despite this, the...
CO2 emissions fall as company car numbers fall

CO2 emissions fall as company car numbers fall

Aug 15, 2021 | Company Cars, P11D

Almost exactly as predicted by HRUX two years ago, HMRC confirmed last week that the total number of company cars reported in 2019/20 has fallen to 800,000*, which is down 160,000 since 2016. That’s 160,000 people who’ve moved from a regime where CO2 is tightly...

Our P11D survey

Jul 1, 2021 | P11D

So how was it for you? Your 2020/21 P11Ds should have been submitted… We’d been predicting people would experience issues obtaining company car CO2 and ZER values. We’ve also had feedback that not all P11D software providers were prompt with their releases, and...

The problem with HMG

May 3, 2021 | Company Cars, P11D, PHEV

HMRC aren’t always great at moving with the times. The main company car section of the Income and Corporations Taxes Act 1988 (s198) referred to the expense of “keeping and maintaining a horse to enable him to perform those duties”. That’s 1988. So perhaps we...
P11D Webinar

P11D Webinar

Apr 30, 2021 | P11D

The recording of yesterday’s P11D webinar is now available if you follow this link: https://lnkd.in/e2x-i8K We had the largest audience yet for one of our webinars and have received some lovely feedback, so our thanks to all those that...
AFP Webinar

AFP Webinar

Apr 15, 2021 | BEV, Company Cars, P11D, PHEV, Private Fuel

David Chandler and Harvey Perkins very much enjoyed taking part in the AFP webinar this morning about Tax and the Company Car. We talked at length about the tax system and why its too complicated, the new super deduction (the only tax relief that wears its pants on...