Car, Van and Fuel Benefits

 

Company cars 2017-18

CO2 emmissions (gm/km)(round down to nearest 5gm/km) % of cars list price taxedPetrol % of cars list price taxedDiesel
Up to 50 9 12
51-75 13 16
76-94 17 20
95-99 18 21
100-104 19 22
105-109 20 23
110-114 21 24
115-119 22 25
120-124 23 26
125-129 24 27
130-134 25 28
135-139 26 29
140-144 27 30
145-159 28 31
150-154 29 32
155-159 30 33
160-164 31 34
165-169 32 35
170-174 33 36
175-179 34 37
180-184 35 37
185-189 36 37
190-194 37 37
195-199 37 37
200-204 37 37
205-209 37 37
210 and above 37 37

Company Cars

A 0% rate applies to cars which cannot emit CO2 when driven.

Special rules may apply to cars provided for disabled employees

For cars registered before 1 January 1998 the charge is based on engine size.

The list price includes accessories and is not subject to an upper limit.

The list price is reduced for capital contributions made by the employee up to £5,000.

 

Car Fuel Benefit 2017-18

£22,600 x ‘appropriate percentage’*

*Percentage used to calculate the taxable benefit of the car for which the fuel is provided.

The charge does not apply to certain environmentally friendly cars.

The charge is proportionately reduced if provision of private fuel ceases part way through the year. The fuel benefit is reduced to nil only if the employee pays for all private fuel.

 

Van Benefit Per Vehicle 2017-18

Van benefit £3,230

Fuel benefit £610

The charges do not apply to vans which cannot emit CO2 when driven or if a ‘restricted private use condition’ is met throughout the year.

 

Employees using their own cars for business:

 

Approved mileage allowance payments are 45p per mile for the first 10,000 miles in the tax year and 25p thereafter and a 5p supplement for a passenger. Income tax and NICs may be due on higher rates and tax relief may be available on lower rates. Rates for Bicycles are 20p  and for Motorcycles are 24p

 

 

 

 

 

 

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