Company fleet cars account for over 60% of all new car sales in the UK with around 1 million fleet or business registrations each year. Company cars therefore are an important way of acquiring a vehicle – both for the driver and for the company or organisation involved.
Next Green Car's company car tax microsite provides comprehensive information about UK company car tax including: its link with CO2 emissions, 'Benefit-in-Kind' (BIK), current and future BIK rates, and a calculator to check the company car tax for specific models.
The microsite also provides information for companies and employers about the cost benefits of greener fleets including Class 1A NICs and Enhanced Capital Allowances for low carbon cars.
While company car tax is a key cost issue, other vehicle taxes such as Vehicle Excise Duty or 'car tax' continue to apply – see the car tax microsite for more information.