Written Question·Treasury·UIN 55965

Company Cars: Taxation

Tabled: 30 May 2025

Answered: 9 June 2025

Question

Clive Jones

To ask the Chancellor of the Exchequer, whether (a) she or (b) Treasury ministers have met with (a) the Society of Motor Manufacturers and Traders and (b) other members of the automotive sector to discuss the taxation of the employee car ownership scheme.

Answer

James Murray

At Autumn Budget 2024 the government announced plans to close loopholes in the legislation around employee car ownership schemes (ECOS) at a future fiscal event, to prevent them being used by employers to circumvent the employee’s Company Car Tax (CCT) li...

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