Vehicle benefits
Cars
Taxable benefit: List price of car multiplied by chargeable percentage.
| 2024/25 & 2023/24 | ||
| CO2 g/km |
Electric Range miles |
All Cars % |
|---|---|---|
| 0 | N/A | 2 |
| 1-50 | >130 | 2 |
| 1-50 | 70 - 129 | 5 |
| 1-50 | 40 - 69 | 8 |
| 1-50 | 30 - 39 | 12 |
| 1-50 | <30 | 14 |
| 51-54 | N/A | 15 |
Then a further 1% for each 5g/km CO2 emissions, up to a maximum of 37%.
Diesel cars that are not RDE2 standard suffer a 4% supplement on the above figures but are still capped at 37%.
Vans
Chargeable value of £3,960 (2023/24: £3,960) if private use is more than home-to-work. Zero-emission vans charged at £Nil (2023/24: £Nil)
Fuel
Employer provides fuel for private motoring in an employer-owned:
Car: CO2-based percentage from above table multiplied by £27,800 (2023/24: £27,800).
Van: £757 (2023/24: £757).
Employee contributions do not reduce taxable figure unless all private fuel is paid for by the employee (in which case there is no benefit charge).