Fleet News

Tax changes are filtering through

THE majority of company car drivers are aware of changes to company car tax being launched next month, with 88% saying it will affect their next choice of vehicle. This compares to 37% who said the current system has already influenced their choice of car.

Reactions under the current system vary from changing make or model (27%), moving to a smaller car (15%), changing to a diesel car (22%), taking the cash option (16%) and saying it makes no difference (20%).

A Godfrey Davis (Contract Hire) survey also found that 44% of drivers receiving free fuel for private mileage were either unaware of how much it cost them in tax, or did not care.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee