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Company car tax calculator updated

Date: 19 November 2008

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:

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.