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 based simply on £16,900 multiplied 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. Remember to check each year.
| Car fuel benefit |
|
Tax Year 2008/09 |
Tax Year 2009/10 |
| |
Percentage |
Taxable value of benefit |
| Based on P11D Value |
|
£16,900 |
| Use the tax calculator or your P11d to find the appropriate figure |
|
|
| |
6% |
£1,014 |
| Electric cars and quadricycles |
9% |
£1,521 |
| |
10% |
£1,690 |
| |
11% |
£1,859 |
| Current lowest rate for hybrid cars |
12% |
£2,028 |
|
13% |
£2,197 |
| |
14% |
£2,366 |
| Current lowest rate for petrol (and EuroIV diesels reg. pre 1.1.06) |
15% |
£2,535 |
| |
16% |
£2,704 |
| |
17% |
£2,873 |
| Current lowest rate for new diesels |
18% |
£3,042 |
| |
19% |
£3,211 |
| |
20% |
£3,380 |
| |
21% |
£3,549 |
| |
22% |
£3,718 |
| |
23% |
£3,887 |
| |
24% |
£4,056 |
| |
25% |
£4,225 |
| |
26% |
£4,394 |
| |
27% |
£4,563 |
| |
28% |
£4,732 |
| |
29% |
£4,901 |
| |
30% |
£5,070 |
| |
31% |
£5,239 |
| |
32% |
£5,408 |
| |
33% |
£5,577 |
| |
34% |
£5,746 |
| Maximum taxable benefit |
35% |
£5,915 |
Breakeven private mileage calculator
