Car & Fuel Benefits

Tax year 2015/16

Car Scale Benefits

Benefit is based on 5% to 37% of list price, dependant on Co2 Emissions

Co2 emissions (gm/km)
(round down to nearest 5gm/km)
% of car's list price taxed
up to 50*5
51 to 75*9
76 to 94*13
9514
10015
10516
11017
11518
12019
12520
13021
13522
14023
14524
15025
15526
16027
16528
17029
17530
18031
18532
19033
19534
20035
20536
210 and above37

* Rounding down to the nearest 5gm/km does not apply

Company Cars

For diesel cars add 3% supplement but maximum 37%.

For cars registered before 1st January 1998 the charge is based on engine size.

The list price includes accessories and is not subject to an upper limit.

The list price is reduced for capital contributions made by the employee up to £5,000.

Special rules may apply to cars provided for disabled employees.

Car Fuel Benefit

The fuel benefit is a percentage of £22,100. The percentage used to calculate the taxable benefit of the car for which the fuel is provided.

The charge does not apply to certain environmentally friendly cars

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.

Private use of Company Vans

Vans available for private use – Taxable benefit = £3150.00

A further charge of £594.00 for private use of fuel is chargeable if applicable.

The charges do not apply to vans which cannot emit CO2 when driven or if a ‘restricted private use condition’ is met throughout the year.