SLATERS CHARTERED ACCOUNTANTS

162A London Road
 Chesterton
Newcastle Under Lyme
Staffordshire
ST5 7JB
Tel: 01782 566101 Fax: 01782 566090

Car Fuel Charges

Company cars 2008/09
CO2 emissions (gm/km) (round down to nearest 5gm/km) % of car’s list price taxed Fuel benefit (£16,900 x %)
£
up to 135 15 2,535
140 16 2,704
145 17 2,873
150 18 3,042
155 19 3,211
160 20 3,380
165 21 3,549
170 22 3,718
175 23 3,887
180 24 4,056
185 25 4,225
190 26 4,394
195 27 4,563
200 28 4,732
205 29 4,901
210 30 5,070
215 31 5,239
220 32 5,408
225 33 5,577
230 34 5,746
235 and above 35 5,915

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.
  • From 2008/09 a new 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 benefit

  • 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
2008/09 and 2007/08
Van benefit £3,000
Fuel benefit £500
The charges will not apply if a ‘restricted private use condition’ is met throughout the year.


Mileage Allowance Payments
Cars and vans
2008/09 and 2007/08
Rate per mile
Up to 10,000 miles 40p
Over 10,000 miles
25p
Bicycles
20p
Motorcycles 24p

These rates represent the maximum tax free mileage allowances for employees using their own vehicles for business. Any excess is taxable. If the employee receives less than the statutory rate, tax relief can be claimed on the difference.

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