They might be less attractive than they were previously; but these cars, these ULEVs, have the lowest rate of company car tax at a stage when rates for more standard petrol and diesel cars are moving up the BIK company car tax table rates by two percentage points.
For example, a sub 110g/km diesel company car, once considered the pinnacle of company car tax efficiency (think BMW 320d EfficientDynamics) is now rated at 19%, while a sub-100g/km diesel company car is rated at 17%.
It all means that you, as a company car driver, will end up paying more company car tax, even if you pick a car with sub 100g/km CO2 emissions.
Think about the tax implications of your company car choice
So what should you do?
The answer is that your choice will now have greater tax implications than it ever did before. The good news is that car manufacturers are producing ever more attractive cars with ever-lower emissions.
We would advise using our Company Car Tax Calculator, to see what the savings you could make by choosing an ultra low-emission model. And if you don’t fancy one of these, then just be aware of the company car tax you will pay – and not just this tax year, but in future tax years, too.