Fleet News

Mazda urges fleets to order ahead of April’s tax changes

Mazda is encouraging fleet operators to take delivery of the new Mazda6 (which emits 108g/km) before April 1, 2013 to ensure it qualifies for the 100% writing down allowance.

From April 1, outright purchase fleets will only be able to benefit from 100% first year allowance on vehicles that emit 95g/km or less.

Cars emitting between 96g/km and 110g/km will only be able to write down 18% of the cost of the model against their corporation tax bill thus reducing the amount of tax relief available annually and as a result impacting on cash flow.

However, fleets that take delivery of the new Mazda6 before April will benefit from 100% first year writing down allowance.

Steve Tomlinson, head of fleet at Mazda, said: "The low CO2 emission credentials of the all-new Mazda6 mean that businesses can benefit from an immediate tax saving if they take delivery of vehicles before April 1.

"We have a plentiful supply of Mazda6 models in stock ready for immediate delivery. Unlike some other manufacturers there is no lengthy lead time.

"The April 1 changes in capital allowances do not apply to cars already on the road, so taking delivery of a model prior to that date means that in the case of the 108g/km Mazda6, as well as higher emission models, there is an immediate tax and cash flow advantage for businesses."

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


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