Taxable benefits and rules for measuring carbon dioxide emissions - Draft Finance Bill legislation

By Technical Team on 09 Sep 2019

The Chartered Institute of Taxation (CIOT) sets out its response to the draft legislation introducing a new regime for calculating a car’s CO2 emissions (known as the Worldwide Harmonised Light Vehicles Test Procedure (WLTP)) for company car tax (CCT) purposes, which will apply to all cars first registered from 6 April 2020 onwards.

Our submission is available to view here and the draft legislation is available here.

Technical Team