Lexus moves into new territory this winter with revisions to the IS 220d that bring a substantial reduction in carbon dioxide emissions, leading to even more significant cost of ownership savings.
In bringing the CO2 figure down from 163 to 148g/km, the IS 220d enjoys a more advantageous position in terms of Benefit-in-Kind company car tax rates and the allowance companies can write down against Corporation Tax. The new BIK rate is 20 per cent and for the 2009/10 tax year the reduced CO2 level allows companies to offset more of the IS 220d’s capital cost against Corporation Tax at a rate of 20 per cent. Taking the IS 220d SE-I as an example, this means companies can save up to £1,335 in Corporation Tax compared to the previous 2009 model with 163g/km emissions. (more…)
