Car benefit | Morris Palmer

Calculate the approximate tax due on your company car and fuel benefit.

About the car

List price of car (£):

Capital contribution made by employee (£):

(Maximum reduction allowed to list price is £5,000).

Fuel type:

Car registration date:

Payments made by employee towards private use of car (£):

Employer pays for private fuel? (tick if yes)

CO₂ emissions

This information is in your registration certificate or use this search facility.

CO₂ emissions figure in g/km per registration document (g/km):

(For cars registered between 1.1.98 and 28.2.01 see www.vcacarfueldata.org.uk or www.smmt.co.uk).

If no CO₂ emissions figure exists use engine capacity:

Van benefit

To find out the cost of the benefit of a van please refer to this table:

	Standard rate (20%) Benefit (tax cost)	Higher rate (40%) Benefit (tax cost)	Additional rate (50%) Benefit (tax cost)
Van only - benefit £3,000	£600	£1,200	£1,500
Van and fuel for private use - benefit £3,550	£710	£1,420	£1,775
Employer's class 1A NICs:
Van	£414
Fuel	£76

Please note:

That there is no van fuel benefit if the employee pays for private fuel. If the van is unavailable for part of the year the van benefit is reduced proportionately.

There is no van benefit where the van is incapable of producing CO₂ emissions in use. Please note that this calculator is provided for informational purposes only, please contact us to discuss your car benefit in detail.