6
Autumn Budget 2017
Tax and travel Car and fuel benefits
Appropriate percentage
CO
emissions
2
Petrol %
Diesel %
(g/km)
The taxable petrol and diesel car benefit is based on the car's CO 2 emissions. It is calculated using the car's UK list price and applying the 'appropriate percentage', as shown in the table on the right. In the Autumn Budget the Chancellor announced that the diesel supplement will be increased from 3% to 4% from 6 April 2018, but removed altogether for diesel cars which are certified to the Real Driving Emissions 2 (RDE2) standard. The car fuel benefit is calculated by applying the same percentages to the fuel benefit charge multiplier, which for 2018/19 is £23,400. VAT on fuel for private use in cars Where businesses wish to reclaim the input VAT on fuel which has some degree of private use, they must account for output VAT for which they may use the flat rate valuation charge. Company vans The taxable benefit for the unrestricted private use of vans is £3,350 for 2018/19. There is a further £633 taxable benefit if the employer provides fuel for private travel.
0 - 50
13
17
51 - 75
16
20
76 - 94
19
23
95 - 99
20
24
100 - 104
21
25
105 - 109
22
26
110 - 114
23
27
115 - 119
24
28
120 - 124
25
29
125 - 129
26
30
130 - 134
27
31
135 - 139
28
32
140 - 144
29
33
Van and fuel charge
Van £
Fuel £
Total £
145 - 149
30
34
Tax (20% taxpayer)
670.00
126.60
796.60
150 - 154
31
35
Tax (40% taxpayer)
1,340.00
253.20
1,593.20
155 - 159
32
36
Tax (45% taxpayer)
1,507.50
284.85
1,792.35
160 - 164
33
Employer's Class 1A NICs
462.30
87.35
549.65
165 - 169
34
The benefit charge for zero emission vans for 2018/19 is 20% of the standard benefit charge. There is no fuel benefit for such vans. Mileage rates
170 - 174
35
37
175 - 179
36
180 and above
37
Changes to the HMRC business mileage rates are announced from time to time.
The fuel only advisory rates below relate to company cars only and apply from 1 September 2017.
First 10,000 miles
Car – fuel only advisory rates Engine capacity
Vehicle
Thereafter
Petrol
Diesel
LPG
Car/van
45p
25p
1400cc or less
11p
9p
7p
Motorcycle
24p
24p
1401cc to 1600cc
13p
9p
8p
Bicycle
20p
20p
1601cc to 2000cc
13p
11p
8p
Over 2000cc
21p
12p
13p
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