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Car and Fuel Benefits

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Car and Fuel Benefits

If you are looking at company car and fuel benefits, and reviewing or planning your finances, please feel free to contact us. We can discuss your specific circumstances to help you plan tax efficiently.

Company Cars

The charge is based on the price of the car for tax purposes (normally the list price) and accessories multiplied by an appropriate percentage based on the level of CO2 emissions and the fuel the car uses.
This table is based on the relevant threshold from 2017/18 onwards. The rates are applicable to cars registered from 1st January 1998 and show the appropriate percentages for petrol powered cars.

CO2 emissions (g/km) (see Note)

2017/182018/192019/202020/21
09%13%16%2%
1 – 509%13%16%>130 miles 2%
70-129 miles 5%
40-69 miles 8%
30-39 miles 12%
< 30 miles 14%
51 – 7513%16%19%CO2 emissions (g/km)
51-54 15%
55-59 16%
60-64 17%
65-69 18%
70-74 19%
76 – 9417%19%22%CO2 emissions (g/km)
75-79 20%
80-84 21%
85-89 22%
90-94 23%
95 – 9918%20%23%24%
100 – 10419%21%24%25%
105 – 10920%22%25%26%
110 – 11421%23%26%27%
115 – 11922%24%27%28%
120 – 12423%25%28%29%
125 – 12924%26%29%30%
130 – 13425%27%30%31%
135 – 13926%28%31%32%
140 – 14427%29%32%33%
145 – 14928%30%33%34%
150 – 15429%31%34%35%
155 – 15930%32%35%36%
160 – 16431%33%36%37%
165 – 16932%34%37%37%
170 – 17433%35%37%37%
165 – 17934%36%37%37%
180 – 18435%37%37%37%
185 – 18936%37%37%37%
190+37%37%37%37%
For diesel powered cars:

• an additional 3% should be added for all emission bands (until 31 March 2018) subject to a maximum charge of 37%.
• which do not meet the RDE2 standard (i.e. NOx > 80mg/km) – an additional 4% should be added for all emission bands (from 1 April 2018) subject to a maximum charge of 37%.
• which do meet the RDE2 standard (i.e. NOx ? 80mg/km) – exempt from the diesel supplement (from 1 April 2018).

Company Vans

The charges are:
2018/19 2019/20
£3,350 £3,430

Fuel Charges – Company Cars and Vans

Cars: To calculate the benefit charge on free or subsidised fuel for private use, the appropriate percentage used in calculating car benefit is multiplied by a set figure for the tax year.

Cars

Tax Year Price
2018/19 £23,400
2019/20 £24,100

Vans

Tax Year Price
2018/19 £633
2019/20 £655

Please contact us for further information.

Disclaimer: This Website / App and its contents have been produced as a helpful reference point. The information should be used as a guide only and your specific circumstances are best discussed directly with us.

No reliance should be placed on this material and no action should be taken without seeking the appropriate professional or legal advice. Although the authors make reasonable efforts to ensure the content of this Website / App is accurate and up-to-date, the authors make no representations, warranties or guarantees that the content is accurate, complete or up-to-date and accept no responsibility whatsoever for any loss occasioned by anyone acting on information within this Website / App.

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