Company Cars

From 6th April 2002, company cars will be taxed on a percentage of their price which, for most part, will vary according to the level of their Carbon Dioxide (CO2) emissions, measured in grams per kilometre (g/km).

To see which category your car falls into, visit the Society of Motor Manufacturers and Traders.

Step 1
Calculate the price of the car

Step 2
Find the approved CO2 emissions

Step 3
Multiply the cars price by the percentage charge (which is based on the CO2 emissions)

For full details of the rules on company cars, please download the inland Revenue Booklet (IR175 - PDF format) - be sure to check the Inland Revenue website for the most up to date information.

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