Company Cars: Taxation

(asked on 21st October 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to increase Benefit-in-Kind tax rates for company cars beyond previously announced increases.


Answered by
James Murray Portrait
James Murray
Financial Secretary to the Treasury and Paymaster General
This question was answered on 28th October 2026

The Government annually reviews the rates and thresholds of taxes and reliefs to ensure that they are appropriate and reflect the current state of the economy.

The Chancellor makes decisions on tax policy at fiscal events in the context of the public finances.

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