Company Cars: Taxation
Commons · Question 55965 · Tabled 30 May 2025 · Treasury · Official record
Answered 9 Jun 2025
Question
Asked by Clive Jones
To ask the Chancellor of the Exchequer, whether (a) she or (b) Treasury ministers have met with (a) the Society of Motor Manufacturers and Traders and (b) other members of the automotive sector to discuss the taxation of the employee car ownership scheme.
Answer
Answered by James Murray, 9 Jun 2025
At Autumn Budget 2024 the government announced plans to close loopholes in the legislation around employee car ownership schemes (ECOS) at a future fiscal event, to prevent them being used by employers to circumvent the employee’s Company Car Tax (CCT) li...