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LATEST NEWS

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 that...

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...