Company car and fuel benefit-in-kind

The taxable benefit on your company car is based on the CO2 emissions of the car. These calculations are for the 2023/24 tax year.

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

The approved CO2 emissions of the vehicle - you can look it up on the official government website
The Diesel Supplement applies to diesel cars that (i) do NOT meet the Euro 6d emissions standard OR (ii) were registered BEFORE 1 September 2017. Diesel Electric hybrids are exempted from the supplement.

Please enter the electric range if applicable.

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. The NI calculation is annualised and therefore due to the change in the employee rate during the year, the amount is only an indication.

TALK TO AN EXPERT

To discuss any Accountancy, Tax, Bookkeeping, Wealth, or Business queries you might have, we invite you to schedule a free consultation call.

Simply provide us with a few details and select the time and date that best suits you.

Need Answers,
Advice, or Assistance?

👋 Look no further! Our Chat Assistant is here to help you with all your questions and provide valuable guidance—for FREE! 🌟

Click Bubble Below