Can someone confirm for me that the disallowance is for cars with CO2 emissions exceeding 130g/km still and that this also applies to companies as well as sole traders/partnerships.
HMRC guidance still seems to state 160g/km per BIM47730 but I am pretty sure it was lowered but cannot find that on HMRC.
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CTA2009 S57:
"In section 56—
'a car that has low CO2 emissions' has the same meaning as in section 104AA of CAA 2001 (special rate expenditure: main rate car)
Yes, it applies equally to companies, sole traders and partnerships.
The restriction depends on when the car was acquired. If before 1/6 April 2013, the relevant CO2 emissions limit was 160 g/km. For cars acquired after those dates, that limit drops to 130 g/km. So you could have a newer car with emissions of say 150 g/km where the leasing payments are restricted by 15%, sitting alongside an older car with identical emissions, where it isn't restricted - the date acquired is key to determining which emissions limit applies.