The start of the new tax year on 6 April 2013 marks another round of company car tax increases, with a 1% increase in the benefit percentage for most company cars. For example, the taxable benefit of a petrol car with a list price of £25,000 and CO2 emissions of 147g/km will rise from £5,000 (20%) in 2012/13 to £5,250 (21%) in 2013/14.
There will be an identical increase in 2014/15 and then double the increase is planned for each of the next two tax years, bringing the theoretical 2016/17 benefit for the same (now old) car to £6,500. If you are changing cars soon, remember to think ahead.