Skip to main content

Written question asked by Shivani Raja (Conservative) on Tuesday, 7 July 2026, in the House of Commons. It was due for an answer on Monday, 13 July 2026 (named day). It was answered by Dan Tomlinson (Labour) on Monday, 13 July 2026 on behalf of the Treasury.


Motor Vehicles: Car Allowances

Question

To ask the Chancellor of the Exchequer, whether HM Treasury has considered calculating benefit-in-kind tax on used company vehicles by reference to their market value rather than their original P11D list price.

Answer

The Government considers P11D list prices the fairest and most practical way to calculate benefit-in-kind liabilities for company cars and has no plans to move away from this approach. However, the Government will keep the second-hand EV market under review and continue to monitor developments closely.


Secondary information

Type
Written question
Reference
16635
Session
2026-27
Subjects
Low incomes Motor vehicles Car allowances Valuation
Link
View this Written question on www.parliament.uk