Car and Fuel Benefits

Tel: 01793 488544 I Fax: 01793 488946 I Email: info@ppsacc.co.uk

Coins

Car Benefits
	% of list price (max £80,000)
CO2 emissions grams per kilometre	Petrol	Diesel
<121	10	13
121-139	15	18
140-144	16	19
145-149	17	20
150-154	18	21
155-159	19	22
160-164	20	23
165-169	21	24
170-174	22	25
175-179	23	26
180-184	24	27
185-189	25	28
190-194	26	29
195-199	27	30
200-204	28	31
205-209	29	32
210-214	30	33
215-219	31	34
220-224	32	35
225-229	33	35
230-234	34	35
235 and over	35	35
To find out how much CO2 your company car emits,see... the car’s V5 registration document your dealer the data pages of car magazines (current models) the Vehicle Certification Agency www.vca.gov.uk For cars registered from 1 January 1998 with no CO2 emissions figures, the tax charge is 15% of the list price for engines up to 1,400 cc, 22% for engines of 1,401 cc to 2,000 cc and 32% for engines above 2,000 cc. The list price includes accessories and is subject to an upper limit of £80,000. List price is reduced for capital contributions made by the employee up to £5,000. Employee contributions reduce the taxable benefit pound for pound. There are various discounts on the percentages for cars driven on alternative fuels.
Fuel Benefits The car fuel benefit is calculated by applying the above car benefit percentage to a figure of £16,900. (2007-08 - £14,400) 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.