Car Benefits
- The car benefit is calculated by multiplying the car’s list price, when new, by a percentage linked to the car’s CO2 emissions.
- For diesel cars generally add a 4% supplement (unless the car is registered on or after 1 September 2017 and meets the Euro 6d emissions standard).
- The overall maximum percentage is capped at 37%.
- The list price includes accessories.
- The list price is reduced for capital contributions made by the employee up to £5,000.
- Special rules may apply to cars provided for disabled employees.
2022/23 | |
CO2 emissions | % of list price taxed |
0 | 2 |
1–50 (split by zero-emission miles) |
|
51–54 | 15 |
55-59 | 16 |
60-64 | 17 |
65-69 | 18 |
70-74 | 19 |
75-79 | 20 |
80-84 | 21 |
85-89 | 22 |
90-94 | 23 |
95-99 | 24 |
100-104 | 25 |
105-109 | 26 |
110-114 | 27 |
115-119 | 28 |
120-124 | 29 |
125-129 | 30 |
130-134 | 31 |
135-139 | 32 |
140-144 | 33 |
145-149 | 34 |
150-154 | 35 |
155-159 | 36 |
160 and above | 37 |
- The car benefit is calculated by multiplying the car’s list price, when new, by a percentage linked to the car’s CO 2 emissions.
- For diesel cars generally add a 4% supplement (unless the car is registered on or after 1 September 2017 and meets the Euro 6d emissions standard).
- The overall maximum percentage is capped at 37%.
- The list price includes accessories.
- The list price is reduced for capital contributions made by the employee up to £5,000.
- Special rules may apply to cars provided for disabled employees.
2021/22 | Cars registered pre 6/4/20 | Cars registered after 5/4/20 |
CO 2 emissions | % of list price taxed | % of list price taxed |
0 | 1 | 1 |
1–50 (split by zero-emission miles) |
|
|
51–54 | 15 | 14 |
55-59 | 16 | 15 |
60-64 | 17 | 16 |
65-69 | 18 | 17 |
70-74 | 19 | 18 |
75-79 | 20 | 19 |
80-84 | 21 | 20 |
85-89 | 22 | 21 |
90-94 | 23 | 22 |
95-99 | 24 | 23 |
100-104 | 25 | 24 |
105-109 | 26 | 25 |
110-114 | 27 | 26 |
115-119 | 28 | 27 |
120-124 | 29 | 28 |
125-129 | 30 | 29 |
130-134 | 31 | 30 |
135-139 | 32 | 31 |
140-144 | 33 | 32 |
145-149 | 34 | 33 |
150-154 | 35 | 34 |
155-159 | 36 | 35 |
160-164 | 37 | 36 |
165 and above | n/a | 37 |
© This publication is published for the information of clients. It provides only an overview of the regulations in force at the date of publication and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material contained in this publication can be accepted by the authors or the firm.