TAX: TAX BANDS

The amount of Vehicle Excise Duty (road fund licence) payable on new cars varies depending on the level of carbon dioxide (CO2) emissions produced by the vehicle. CO2 emissions are measured in grammes (g) per kilometre (km) travelled and divided into seven charging bands for each of the fuel types shown in the table.

• Vehicle Excise Duty for cars registered on or after 1 March 2001

^#1 Alternative fuel discount: 2009-2010, A to I: £20, J to M: £15. 2010 onwards: £10 on all cars

^#2 Band K includes cars that have a CO2 figure of over 225g/km but were registered before 23 March 2006. These cars will stay in Band K for the above years.

• Benefit-in-Kind Company Car Taxation

General Motors UK Limited does not offer tax advice to individuals and recommends that all Company Car Drivers consult their own accountant with regard to their particular tax position. Information is up to date as of the 2009 finance bill.

Benefit-in-Kind company car taxation†

The car benefit charge will be the car's list price (including VAT, options and accessories fitted, delivery to Retailer and number plates, but excluding Vehicle Excise Duty and New Vehicle First Registration Fee) multiplied by the percentage charge for the CO2 emissions band in which the car falls (see Vehicle Excise Duty Table). Multiply this figure by your personal income tax rate (20% for Basic Rate, 40% for Higher Rate for 2010-11 tax year) to calculate your annual Benefit-in-Kind tax liability.

† = Please note this website provides taxation information as a guide only. General Motors UK Limited does not offer taxation guidance. Drivers should always take professional advice on their own tax position.