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Car benefits

2023/24

  • 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.

2023/24

CO2 emissions g/km

% of list price taxed

0

2

1 - 50

Electric range

130 or more

2

70 - 129

5

40 - 69

8

30 - 39

12

under 30

14

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

2022/23

  • 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.

2022/23

CO2 emissions g/km

% of list price taxed

0

2

1 - 50

Electric range

130 or more

2

70 - 129

5

40 - 69

8

30 - 39

12

under 30

14

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