BUDGET: Benefit-in-kind CO2 bands by tax year

By Fleet News

22 March 2012

From April 2015, two new CCT bands will be introduced at 0-50g/km and 51-75g/km. The appropriate percentage of the list price subject to tax for the 0-50g/km will be 5% in 2015-16, and 7% in 2016-17.

The appropriate percentage of the list price subject to tax for the 51-75g/km CO2 band will be 9% in 2015-16 and 11% in 2016-17.

In 2017-18 there will be a 3 percentage point differential between the 0-50 and 51-75g/km bands, and between the 51-75 and 76-94g/km band.

In 2018-19 and 2019-20 there will be a 2 percentage point differential between the 0-50 and 51-75g/km bands and between the 51-75 and 76-94g/km bands.

In future years CCT rates will be announced three years in advance and the Government will review these incentives for ULEVs in light of market developments at Budget 2016, to inform decisions on CCT from 2020-21 onwards.

% of P11D Price*	2013/14 g/km	2014/15 g/km	2015/16 g/km	2016/17 g/km
0	0	0	-	-
5	1-75	1-75	0-50	-
7	-	-	-	0-50
9	-	-	51-75	-
10	76-94	-	-	-
11	95-99	76-94	-	51-75
12	100-104	95-99	-	-
13	105-109	100-104	76-94	-
14	110-114	105-109	95-99	-
15	115-119	110-114	100-104	76-94
16	120-124	115-119	105-109	95-99
17	125-129	120-124	110-114	100-104
18	130-134	125-129	115-119	105-109
19	135-139	130-134	120-124	110-114
20	140-144	135-139	125-129	115-119
21	145-149	140-144	130-134	120-124
22	150-154	145-149	135-139	125-129
23	155-159	150-154	140-144	130-134
24	160-164	155-159	145-149	135-139
25	165-169	160-164	150-154	140-144
26	170-174	165-169	155-159	145-149
27	175-179	170-174	160-164	150-154
28	180-184	175-179	165-169	155-159
29	185-189	180-184	170-174	160-164
30	190-194	185-189	175-179	165-169
31	195-199	190-194	180-184	170-174
32	200-204	195-199	185-189	175-179
33	205-209	200-204	190-194	180-184
34	210-214	205-209	195-199	185-189
35	215 and above	210 and above	200-204	190-194
36			205-209	195-199
37			210 and above	200 and above

*Add 3% for diesels up to a maximum of 35% in 2013/14 and 2014/15. Add 3% for diesels up to a maximum of 37% in 2015/16 and from 2016/17 onwards the diesel supplement is scrapped.