Car & Fuel Benefits
| Company Cars 2009/10 |
|
|
CO2 emissions (gm/km) (round down to nearest 5gm/km)
|
% of car’s list price taxed
|
|
up to 135
|
15
|
|
140
|
16
|
|
145
|
17
|
|
150
|
18
|
|
155
|
19
|
|
160
|
20
|
|
165
|
21
|
|
170
|
22
|
|
175
|
23
|
|
180
|
24
|
|
185
|
25
|
|
190
|
26
|
|
195
|
27
|
|
200
|
28
|
|
205
|
29
|
|
210
|
30
|
|
215
|
31
|
|
220
|
32
|
|
225
|
33
|
|
230
|
34
|
|
235 and above
|
35
|
Company cars
- For diesel cars add a 3% supplement but maximum still 35%. Euro IV diesel cars registered before 1 January 2006 do not suffer the 3% supplement.
- Discounts apply to certain environmentally friendly cars.
- A 10% rate applies to non-electric cars with emissions of no more than 120gm/km. Environmentally friendly discounts do not apply to these cars but the diesel supplement does.
- For cars registered before 1 January 1998 the charge is based on engine size.
- The list price includes accessories and is subject to an upper limit of £80,000.
- The list price is reduced for capital contributions made by the employee up to £5,000.
Fuel benefits
- £XX x 'appropriate percentage'.
- The appropriate percentage is the percentage used to calculate the taxabale benefit of the car for which the fuel is provided.
- 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 (2009/10 and 2008/09)
Van Benefit: £3,000
Fuel Benefit: £500
The charges will not apply if a ‘restricted private use condition’ is met throughout the year.
