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Company Cars: Taxation

Asked by Mr Richard HoldenConservativeTreasuryTabled Answered 19 November 2025UIN 89636

The question

To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 November 2025 to Question 85347 on Company Cars: Taxation, what estimate her Department has made of the revenue to be raised from changes to benefit in kind taxation for vehicles provided through such schemes, and what assessment she has made of the potential impact of those changes on the employee car ownership industry.

Answered by Dan Tomlinson

At Autumn Budget 2024, the proposed changes to Employee Car Ownership Schemes were estimated to raise £875m across the scorecard. This costing and the tax impact and information note will be updated at a future fiscal event to reflect the six-month delay to the originally announced implementation date.

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