Company car and fuel benefit-in-kind Brentwood : Tiffin Green

Company car and fuel benefit-in-kind

Work out the taxable benefit on your company car.

For a free consultation call 01277 224422 or email enquiries@tiffingreen.co.uk


Call 01277 224422 or email enquiries@tiffingreen.co.uk

The taxable benefit on your company car is based on the CO2 emissions of the car. These calculations are for the 2018/19 tax year.

The list price of the car and the cost of any optional extras.

The amount of any contribution made to the cost of the car (max £5000).

The amount paid to the employer over the whole year for any private use.

The approved CO2 emissions of the vehicle - you can look it up on the offical government website
The fuel type of vehicle

Does your employer pay for any private fuel for a company car?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

ICAEW 2020 Consulting Group