The Car fuel benefit charge:

  • A director/employee who is provided with a company car and also receives free fossil fuel from his employer is taxed on the cash equivalent of the benefit each tax year.
  • The fuel benefit is fixed each year, according to the table below.
  • The fuel benefit charge is calculated by taking the appropriate percentage, as worked out for car benefit purposes and multiplying by the fixed figure.
  • In the Autumn Budget 2017, the Chancellor announced that from 6 April 2018 no benefit in kind will arise where fuel is provided for an electric car. Legislation has been included in Finance Act 2019 which will give this retrospective effect where the facilities are made available to all employees at the workplace.

 

Tax year

Fixed figure

     £

2019/20 24,100

2018/19

23,400

2017/18

22,600

2016/17

22,200

2015/16

22,100

2014/15

21,700

2013/14

21,100

2012/13

20,200

2011/12

18,800

2010/11

18,000

2008/09 to 2009/10

16,900

2003/04 to 2007/08

14,400

 

Examples of how the benefit is calculated are found in our guide to Company cars

Note that the benefits associated with a company van are calculated differently.

 

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