ENDS Report 352, May 2004, pp. 12-13
1 May 2004
Reform of company car taxation has delivered a 0.5% reduction in carbon dioxide emissions from road transport, with more on the way, according to a review by the Inland Revenue.1 The reforms have encouraged the use of more efficient cars, a dramatic shift to diesel and a significant drop in the total number of company cars.
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Further information:
- 1 Report on the evaluation of the company car tax reform, www.inlandrevenue.gov.uk/cars/cct_eval_rep.pdf
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