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Discussion in 'The UK and Ireland' started by E60MKF, Nov 7, 2016.
IS anybody affected by the rumoured changes?
Company car drivers facing significant tax hike
Never quite understood why company cars exist, as a "thing", other than for folk that do high business mileage. If that, as a perk, goes away then something else tax advantageous will fill the space ... if the Bean Counters can find something
I get tired of successive governments endlessly blundering about with tax regimes, and generally screwing everyone over, most especially when people like me make a strategic decision that has financial implications over a 5-7 yr period.
They should just make a simply % based scheme that adapts to changes in CO2 emission over time.
0% emissions should remain the lowest taxed by far for precisely the reason that it is 0% so not polluting at all at point of use, therefore must be the target for all vehicles.
Other rates should just be percentile banded so they change y-o-y as vehicle emissions change.
The whole thing can simply be made a zero sum game that idiots in government don't need to meddle with constantly.