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Energy Efficient cars – A narrow window of opportunity

Energy Efficient cars – A narrow window of opportunity

100% tax relief is available on energy efficient cars purchased by companies and partnerships, or sole trader businesses with an adjustment for any personal use element.

However, what is considered energy efficient is reducing from 1 April 2015.  As of 1 April 2015 cars qualifying for the 100% relief will be those with CO2 emissions of up to 75g/km.

However, if you purchase a car or enter into a hire purchase agreement before 1 April 2015, qualifying cars are those with CO2 emissions of up to 95g/km.

So if you are considering an energy efficient purchase, make the most of this window of opportunity and speak to Lesley Sutton on 01484 550037 or email tax@revellward.co.uk for more details.

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