Company Cars: Taxation

(asked on 11th November 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 November 2025 to Question 85347 on Company Cars: Taxation, what estimate her Department has made of the revenue to be raised from changes to benefit in kind taxation for vehicles provided through such schemes, and what assessment she has made of the potential impact of those changes on the employee car ownership industry.


Answered by
Dan Tomlinson Portrait
Dan Tomlinson
Exchequer Secretary (HM Treasury)
This question was answered on 19th November 2025

At Autumn Budget 2024, the proposed changes to Employee Car Ownership Schemes were estimated to raise £875m across the scorecard. This costing and the tax impact and information note will be updated at a future fiscal event to reflect the six-month delay to the originally announced implementation date.

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