|
|
 |
|
Car Benefit 2003/2004 (Percentage of list price) |
|
| g/km of
CO2 |
Petrol
Only
Engine |
*Diesel
Only
Engine |
Hybrid*
Petrol/
Electric Engines |
*LPG or
Dual
LPG & Petrol |
|
| 155 or less |
15 |
18 |
13 |
14 |
|
| 160 |
16 |
19 |
14 |
15 |
|
| 165 |
17 |
20 |
15 |
16 |
|
| 170 |
18 |
21 |
16 |
17 |
|
| 175 |
19 |
22 |
17 |
18 |
|
| 180 |
20 |
23 |
18 |
19 |
|
| 185 |
21 |
24 |
19 |
20 |
|
| 190 |
22 |
25 |
20 |
21 |
|
| 195 |
23 |
26 |
21 |
22 |
|
| 200 |
24 |
27 |
22 |
23 |
|
| 205 |
25 |
28 |
23 |
24 |
|
| 210 |
26 |
29 |
24 |
25 |
|
| 215 |
27 |
30 |
25 |
26 |
|
| 220 |
28 |
31 |
26 |
27 |
|
| 225 |
29 |
32 |
27 |
28 |
|
| 230 |
30 |
33 |
28 |
29 |
|
| 235 |
31 |
34 |
29 |
30 |
|
| 240 |
32 |
35 |
30 |
31 |
|
| 245 |
33 |
35 |
31 |
32 |
|
| 250 |
34 |
35 |
32 |
33 |
|
| 255 |
35 |
35 |
33 |
34 |
|
* The percentage of list price is
reduced by a further 1% for each full 20g/km CO2 the
emissions figure is less than 155. Electric cars
registered after 1997 taxed on 9% of list price. |
|
Fuel Benefit
From 6 April 2003 the fuel
scale charges, which applied when free fuel was provided
for private use in a company car, are swept away. The new
tax charge for private use of fuel takes the percentage
derived from the tables above, applied to a set value of
£14,400 rather than the vehicle's list price.
Example: In 2003/04 a
driver provided with free petrol for his company car that
has a CO2 emissions figure of 163 gr/km will be taxed on a
cash equivalent value of £2,304 (16% * £14,400) for that
fuel. |
|
| Tax Free Mileage Rates |
2003/04 |
2002/03 |
|
Business Miles
All vehicles |
Under
10,000
40p |
Over
10,000
25p |
Under
10,000
40p |
Over
10,000
25p |
|
| Motorcycles |
24p/mile |
24p/mile |
|
| Bicycles |
20p/mile |
20p/mile |
|
| Passengers |
5p/mile per passenger |
|
|
| |
