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Car and Fuel Benefits
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| Company cars 2010/11 |
|
CO2 emissions (gm/km) (round down to nearest 5gm/km) |
% of car's list price taxed |
Fuel benefit (£18,000 x %) |
|
up to 130 |
15 |
2,700 |
|
135 |
16 |
2,880 |
|
140 |
17 |
3,060 |
|
145 |
18 |
3,240 |
|
150 |
19 |
3,420 |
|
155 |
20 |
3,600 |
|
160 |
21 |
3,780 |
|
165 |
22 |
3,960 |
|
170 |
23 |
4,140 |
|
175 |
24 |
4,320 |
|
180 |
25 |
4,500 |
|
185 |
26 |
4,680 |
|
190 |
27 |
4,860 |
|
195 |
28 |
5,040 |
|
200 |
29 |
5,220 |
|
205 |
30 |
5,400 |
|
210 |
31 |
5,580 |
|
215 |
32 |
5,760 |
|
220 |
33 |
5,940 |
|
225 |
34 |
6,246 |
|
230 and above |
35 |
6,300 | |
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
£18,000 x 'appropriate percentage' *
*Percentage used to calculate the taxable 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
- 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 (2010/11)
Van Benefit: £3,000
Fuel Benefit: £550
The charges will not apply if a "restricted private use condition" is met throughout the year.
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