Motor Vehicles: Car Allowances — Written Question

Question

Greg Smith

Conservative — Mid Buckinghamshire

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the benefit-in-kind tax treatment of used company vehicles on employees on lower incomes; and whether she has assessed whether calculating benefit-in-kind liab

Answer

Dan Tomlinson

The Government is committed to supporting motorists to transition to electric vehicles. This is why at Autumn Budget 2024, the Government announced new Company Car Tax rates for the years 2028-29 and 2029-30, which maintain generous incentives to support ...

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