(Published 14/10/2015 by Rob Hull)
Despite the current Volkswagen scandal regarding vehicle emissions (luckily I have a MINI), the new car tax rules for next year, will incentivise company car drivers to choose diesel cars over petrol.
The Chancellor revealed in his 2012 Budget, that the 3% Benefit-in-Kind (BIK) surcharge that applied to diesel cars only, due to the higher levels of pollution produced by diesel cars, will be eradicated in April 2016. Wahoo!For company car drivers, this results in a few advantages:
- Diesel cars becoming far cheaper to tax
- Diesel cars being more fuel efficient compared to petrol alternatives
However, it is still recommended that company car drivers also consider hybrid and electric vehicles - although lower emission cars are now more readily available.
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