Reduction of emissions threshold for CAs

HMT budget document "overview of tax legislation and rates" published yesterday states at para 2.30 (page 21) that the emissions threshold for a main rate car will reduce from April 2013 to 130g/km.

I guess that this would only apply to cars purchased on/after April 2013, ie if you buy a car emitting 150g now then that would continue to attract 20% (18% from April) WDA throughout the time it was owned by a business.  Am I guessing right? 

Thanks

Tim

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Nichola Ross Martin |
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