TAX DATA>CAR BENEFITS

TAX TABLES 2008

Car Benefits for Employees

Taxable amount based on car's list price when new up to £80,000.
Charge varies according to CO2 emissions in grams per kilometre.

Charge varies according to CO2 emissions in grams per kilometre

Emissions
g/km

% of price
08-09
120 or less
10
121-139
15
140-4
16
145-9
17
150-4
18
155-9
19
160-4
20
165-9
21
170-4
22
175-9
23
180-4
24
Emissions
g/km
% of price
08-09
185-9
25
190-4
26
195-9
27
200-4
28
205-9
29
210-4
30
215-9
31
220-4
32
225-9
33
230-4
34
235-9
35
Emissions
g/km
% of price
08-09
240+
35

Further reductions may apply for LPG, bi-fuel, E85 hybrid and electric cars.

Diesels not meeting Euro IV or registered after 31 December 2005, add 3% subject to maximum charge of 35%.

Vans for private use 2008/09 2007/08
Chargeable amount £3,000 £500*
No charge if private use is limited to journeys between home and work.
 
 


© Copyright 12 March 2008, subject to Finance Act 2008. For information only. Always seek professional advice before acting.

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