The new Mazda CX-5 promises company car tax bill benefits for drivers due to low emission engines.

The Mazda CX-5, which goes on sale in the UK from May 18, is the first product from the Japanese brand to embody its Skyactiv technology.

Under the Skyactiv banner, engines, gearboxes and vehicle construction all focus on efficiency to improve fuel consumption and CO2 emissions.

On-the-road prices for the range start from £21,395 for the 2.0-litre SE-L petrol and rise to £28,795 for the flagship 2.2-litre 175bhp diesel Sport Nav auto AWD.

The two-wheel drive petrol engine range gives drivers a choice of SE-L, SE-L Nav, Sport and Sport Nav equipment grades. Emitting 139g/km of CO2 and returning 47.1mpg on the combined cycle - remarkable for a petrol-powered SUV with 165bhp.

Diesel engine performance offers CO2 emissions from 119g/km and fuel economy from 61.4mpg on the combined cycle.

For company car drivers it all adds up to benefit-in-kind tax savings versus rival models alongside Class 1A National Insurance savings for businesses, as well as operating cost bonuses.

Company car tax for drivers choosing the entry-level 2WD 2.0-litre SE-L (P11D value £21,220) will be £764 (20% taxpayer)/£1,528 (40% taxpayer) in 2012/13 rising to £806/£1,613 in 2013/14.

Meanwhile, company car tax for drivers choosing the entry-level 2WD 2.2-litre 150ps diesel SE-L (P11D value £22,940) or the AWD alternative (P11D value £24,520) will also benefit from unbeatable value in terms of emissions versus performance.

Benefit-in-kind tax bills on the respective models in 2012/13 are £780/£1,560 rising in 2013/14 to £826/£1,652 on the 2WD option for 20%/40% taxpayers with bills being £1,030/£2,060 in 2012/13 rising to £1,079/£2,158 in 2013/14 for 20%/40% taxpayers opting for the AWD variant.

Steve Tomlinson, head of fleet at Mazda, said: “Class-leading CO2 emissions and fuel economy, with no compromise on performance means that the CX-5 is setting new benchmarks in the burgeoning compact SUV segment.

“Company car drivers and fleet operators are all looking to save money both personally and for their businesses and the CX-5 delivers financial savings when taking account of available performance in comparison with rival models.

“Thanks to its solid environmental credentials, fun-to-drive performance and attractive pricing, the Mazda CX-5 is expected to have huge fleet and company car driver appeal.”