Car and Fuel Benefits
|
| Company cars 2008/09 |
|
CO2 emissions (gm/km) (round down to nearest 5gm/km) |
% of car's list price taxed |
Fuel benefit (£16,900 x %) |
|
up to 135 |
15 |
2,535 |
|
140 |
16 |
2,704 |
|
145 |
17 |
2,873 |
|
150 |
18 |
3,042 |
|
155 |
19 |
3,211 |
|
160 |
20 |
3,380 |
|
165 |
21 |
3,549 |
|
170 |
22 |
3,718 |
|
175 |
23 |
3,887 |
|
180 |
24 |
4,056 |
|
185 |
25 |
4,225 |
|
190 |
26 |
4,394 |
|
195 |
27 |
4,563 |
|
200 |
28 |
4,732 |
|
205 |
29 |
4,901 |
|
210 |
30 |
5,070 |
|
215 |
31 |
5,239 |
|
220 |
32 |
5,408 |
|
225 |
33 |
5,577 |
|
230 |
34 |
5,746 |
|
235 and above |
35 |
5,915 |
|
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.
- From 2008/09 a new 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
- The fuel benefit 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 (2008/09 and 2007/08)
Van Benefit: £3,000
Fuel Benefit: £500
The charges will not apply if a "restricted private use condition" is met throughout the year.
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