Lease Rental Restriction

From April 2021 - based on CO₂ Emissions

Contract entered into between April 2021, tax relief for leased car is limited to the CO₂ Emissions as follows:

For Corporation Tax purposes, the thresholds noted above apply for cars leased on or after 1st April 2021. For Income Tax purposes, the thresholds apply for cars leased on or after 6th April 2021

From April 2018 to March 2021 - based on CO₂ Emissions

Contract entered into between April 2018 to March 2021, tax relief for leased car is limited to the CO₂ Emissions as follows:

For Corporation Tax purposes, the thresholds noted above apply for cars leased on or after 1st April 2021. For Income Tax purposes, the thresholds apply for cars leased on or after 6th April 2021