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