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QUALEC* Category for Company Cars will not exist from April

Published: 30/01/12

From 6 April 2012 QUALEC will no longer exist as a company car category. What this means is that for cars with CO2 emissions between 100g/km and 120g/km will see a percentage increase in the charge amount.  Drivers with these cars will suffer an increase in the Benefit in Kind tax.

Employers will see an increase in Class 1A NI as a result of the increase in the relevant percentage used to calculate the scale charge.

The scale charge is set to increase further from 2013/14 with bands 95-99 g/km upwards seeing a 1% increase.

The cost increases will apply to all cars on the road, not just cars ordered or delivered from the 2012/13 tax year.

The percentage increase will be as follows:

Taxable % of list prices
CO2 (g/km) 2011/12 2012/13 difference
0 0% 0% -
1-75 5% 5% -
76-99 10% 10% -
100-104 10% 11% 1%
105-109 10% 12% 2%
110-114 10% 13% 3%
115-119 10% 14% 4%
120 10% 15% 5%
121-124 15% 15% -

Fleet managers and drivers need to understand how these changes will affect them and plan for any likely cost increases. Drivers looking for new cars should review the cost of their car for the duration of the term and take into account the changes for 2012 and through to 2014.

John Bishop is our resident fleet insurance expert and is happy to offer assistance on any enquiries or questions that you may have. Call John on 0845 371 0769 or emailjohnbishop@flintinsurance.co.uk

* A QUALEC is a car first registered on or after 1 Jan 1998 with a CO2 emissions figure which does not exceed a statutory limit for the tax year, currently 120g/km.

For cars with a CO2 that falls in this category the relevant percentage used for calculating the company car taxable benefit is 10% for 2011/12 with the exception of cars with a CO2 of 75g/km or less. For these cars the relevant percentage is 5% and for cars which have zero emissions there is no charge. Surcharges for diesel cars of 3% apply to QUALECs.

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