questionText: To ask the Chancellor of the Exchequer, whether (a) she or (b) Treasury ministers have met with (a) the Society of Motor Manufacturers and Traders and (b) other members of the automotive sector to discuss the taxation of the employee car ownership scheme.
answerText: At Autumn Budget 2024 the government announced plans to close loopholes in the legislation around employee car ownership schemes (ECOS) at a future fiscal event, to prevent them being used by employers to circumvent the employee’s Company Car Tax (CCT) li...
heading: Company Cars: Taxation