BusinessCar’s company car tax calculator has been updated to include the upcoming changes to capital allowances.
When searching for a car using the ‘Car Chooser’ section you can now select cars up to110g/km (the 100% first year allowance limit), between 111g/km and 160g/km (the 20% capital allowance band) or exclude cars above 160g/km (the 10% capital allowance band).
While the 110g/km band is already in place, the new 20% and 10% bandings will come into force in the next tax year which starts April 2009.
The revised capital allowance regulations are expected to be one of the largest influencers of user-chooser choice lists next year.
To check out the new tax calculator follow the link: www.businesscar.co.uk/taxcalculator
BusinessCar’s company car tax calculator is already one of the most comprehensive and up to date online systems available and includes the ability to search for cars up to 120g/km which qualify for the lowest benefit-in-kind tax band as well as criteria such as NCAP rating, boot size, price, body style and many other options.
