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.

CO emissions (g/km) (see Note)

2017/18 2018/19 2019/20 2020/21
0 9% 13% 16% 2%
1-50 9% 13% 16%

Electric motoring range:

> 130 miles 2%

70-129 miles 5%

40-69 miles 8%

30-39 miles 12%

< 30 miles 14%

51-75 13% 16% 19%

CO emissions (g/km)

51-54 15%

55-59 16%

60-64 17%

65-69 18%

70-74 19%

76-94 17% 19% 22%

CO emissions (g/km)

75-79 20%

80-84 21%

85-89 22%

90-94 23%

95-99 18% 20% 23% 24%
100-104 19% 21% 24% 25%
105-109 20% 22% 25% 26%
110-114 21% 23% 26% 27%
115-119 22% 24% 27% 28%
120-124 23% 25% 28% 29%
125-129 24% 26% 29% 30%
130-134 25% 27% 30% 31%
135-139 26% 28% 31% 32%
140-144 27% 29% 32% 33%
145-149 28% 30% 33% 34%
150-154 29% 31% 34% 35%
155-159 30% 32% 35% 36%
160-164 31% 33% 36% 37%
165-169 32% 34% 37% 37%
170-174 33% 35% 37% 37%
175-179 34% 36% 37% 37%
180-184 35% 37% 37% 37%
185-189 36% 37% 37% 37%
190+ 37% 37% 37% 37%

For diesel powered cars:

For details of how the table is used in calculating the Car Benefit Charge see example EIM24015 onwards.

Company Vans

The charges are:

2017/18 2018/19
£3,230 £3,350

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
2017/18 £22,600
2018/19 £23,400

Vans

Tax Year Price
2017/18 £610
2018/19 £633

Please contact us for further information.

Disclaimer:  This 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 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 App.