Employees will be taxed if their employer provides any free fuel. This
could be as a result of using a company
fuelcard and not repaying the private usage element, or if the employer
pays for travel between home and work.
As the full taxable benefit per the table below will be applied, employees
should check that the offer of any
free private fuel is worthwhile. Complete the calculator form to find
out !
It is not too late to reimburse your employer for any private mileage
used in order to avoid this tax,
but you then need good records to substantiate the business element of
fuel costs covered by the company.
The taxable amount is now based simply on £14,400 mutiplied by
the same percentage derived from the
co2 figure and fuel type. Once you have identified the appropriate benefit,
run it through the calculator
at the bottom of the page.
| Car fuel benefit |
Percentage of £14,400
|
Taxable value of benefit
|
|
| Use the tax calculator or your
P11d to find the appropriate figure |
|
|
| |
6%
|
£864
|
| |
9%
|
£1,296
|
| Honda Insight |
10%
|
£1,440
|
| Toyota Prius |
11%
|
£1,584
|
| Honda Civic IMA |
12%
|
£1,728
|
| Various combination petrol and lpg or cng vehicles |
14%
|
£2,016
|
| Lowest rate for petrol and EuroIV diesels |
15%
|
£2,160
|
| |
16%
|
£2,304
|
| |
17%
|
£2,448
|
| Lowest rate for non-EuroIV diesels |
18%
|
£2,592
|
| |
19%
|
£2,736
|
| |
20%
|
£2,880
|
| |
21%
|
£3,024
|
| |
22%
|
£3,168
|
| |
23%
|
£3,312
|
| |
24%
|
£3,456
|
| |
25%
|
£3,600
|
| |
26%
|
£3,744
|
| |
27%
|
£3,888
|
| |
28%
|
£4,032
|
| |
29%
|
£4,176
|
| |
30%
|
£4,320
|
| |
31%
|
£4,464
|
| |
32%
|
£4,608
|
| |
33%
|
£4,752
|
| |
34%
|
£4,896
|
| Maximum taxable benefit |
35%
|
£5,040
|
|
