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About Leasing
Car Leasing > Information > Vehicle Tax

 

Vehicle Tax

 
 
As part of our continuing customer commitment and in an effort to provide information on new and important topics related to the motor industry and company vehicles, we have prepared information designed to explain the Company Car Tax Charges. You can also use our online tax calculator to work out how much tax you will be charged on a company vehicle.

Click here for more information.

Euro4 Tax Advantage Abandoned

The 3% tax advantage enjoyed by diesel cars that comply with Euro4 emissions regulations now ceases to exist.

This change affected diesels registered after 1st January 2006 and comes into force from April 6 2006.

Contact our Sales Team on 08081 44 45 46 to gain advice regarding which cars are tax winners under the current system.

Commercial Van Tax

Until 6th April 2007, commercial vehicles used to travel to and from work will attract no benefit-in-kind charge. If the users enjoy unrestricted private use even if provided with fuel, they will be taxed on a flat rate benefit of just £500 per annum. From 6th April 2007, use of the vehicle to and from work will remain untaxed, however the benefit-in-kind charge for unrestricted use will increase to £3000 and if supplied with fuel, a further tax will be charged at £500. Whilst this appears to be a considerable increase, for a standard rate payer this will equate to paying around £660 a year which is less than 40% of the tax attracted for an equivalently priced car.

Useful Links

If you need additional information not contained within this site then you may find it through one of our useful links. Click here for useful links.