Abolition of Qualifying Low Emission Car (QUALEC) Tax Rate for Company Cars
The UK administration is abolishing the Qualifying Low Emission Automobile (QUALEC) tax rate for corporation cars from the 6th April 2012. It is estimated that currently encircling 45% of fresh automobile orders currently fall into the QUALEC tax band. This article clarifies what a QUALEC is and how the changes could affect corporation automobile drivers and fleet managers.
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