Income Tax — changes to Employee Car Ownership Schemes
This measure is about bringing Employee Car Ownership Schemes within the scope the benefit in kind rules as company cars from 6 October 2026.
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Linked documents
- Policy Paper Changes to Employee Car Ownership Schemes (ECOS)
- Bill Amendment Draft legislation (accessible version)
▤ Verbatim text from source document
This measure amends the benefit in kind rules so that vehicles provided through Employee Car Ownership Schemes (ECOS) arrangements will be deemed as taxable benefits when made available on restricted terms, outlined in the legislation.