Car, Van and Fuel Benefits

Car and fuel scale benefits

For tax year 2017/18

Cars for directors and employees earning £8,500 p.a. or more: 

Car benefit: Percentage (see below) of list price (£80k limit removed 06.04.11)
Fuel benefit: Percentage (see below) of £22,600 (2016/17: £22,200)
 

2017/18 Benefit in Kind rates:

CO2 emissions (g/km) %
0-50 9
51-75 13
76-94 17
Each additional 5 (round down) Additional 1
190 and over 37
 

2016/17 Benefit in Kind rates:

 
CO2 emissions (g/km) %
0-50 7
51-75 11
76-94 15
each additional 5 (round down) Additional 1
200 and over 37

- Diesel cars: 3% surcharge  (subject to 37% maximum - 35% to 2014/15)
- Bi-fuel, road fuel gas, hybrid and electric cars: discounted rates removed 06.04.11
- Cars registered before 1 January 1998 see below (plus diesel surcharge up to 35% max) :

2017/18
Engine size %
Up to 1400cc 18
1401 - 2000cc 29
Over 2000cc and rotary engines 39

Fuel benefit charge for provision of fuel for private motoring is the relevant CO2 percentage for your car multiplied by £22,600 (2016/17: £22,200)

Visit www.vca.gov.uk, www.comcar.co.uk or www.smmt.co.uk to check emmission levels for your car.

Van benefits  

For 2017/18 the taxable benefit for significant private use of a van is £3,230 (2016/17: £3,170). The fuel scale charge for a van with significant private use is a flat £610 (2016/17: £598).  If you are claiming that there is not significant private use of your company vans, it is suggested that you document a policy signed by van drivers to provide evidence if requested by HMRC.

To find out how Chapman Robinson & Moore can help your business either call 01865 379272, or click here to arrange a free Confidential Business Analysis.