Page 34 - Budget Newsletter - March 2023
P. 34
CAR BENEFITS
Company car tax
The charge is based on a percentage of the car’s “price”. “Price” for this purpose is the list price at
the time the car was first registered including delivery and the price of extras but excluding the first
registration fee or annual road tax. For cars first registered after 31 December 1997 the charge,
based on the car’s “price”, is graduated according to the level of the car’s approved CO2 emissions.
For zero emission cars
2022/23 2023/24
2% 2%
For petrol or diesel hybrid cars with an approved CO2 emission figure of up to 50g/km.
2022/23 2023/24
Electric-only NEDC: Registered WLTP: Registered NEDC: Registered WLTP: Registered
range (miles) before 6/4/2020 after 5/4/2020 before 6/4/2020 after 5/4/2020
Less than 30 14% 14% 14% 14%
30-39 12% 12% 12% 12%
40-69 8% 8% 8% 8%
70-129 5% 5% 5% 5%
130 or more 2% 2% 2% 2%
For petrol and RDE2° diesel cars with an approved CO2 emission figure of more than 50g/km.
2022/23 2023/24
Emissions NEDC: Registered WLTP: Registered NEDC: Registered WLTP: Registered
g/km before 6/4/2020 after 5/4/2020 before 6/4/2020 after 5/4/2020
51-54 15% 15% 15% 15%
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