NEWS
November 1, 2018
| CAR BENEFITS |
Taxable amount based on car’s list price when new.
Charge varies according to CO2 emissions in g/km.
For diesels that do not meet the RDE2 standards, add 4% to petrol figures below up to a maximum of 37%.
| CO2 g/km | 0-50 | 51-75 | 76-94 | 95 and above |
| Charge | 16% | 19% | 22% | 23% + 1% for each extra 5g/km over 95g/km up to max. 37% |
| Fuel benefits – taxable amount for private use | 18/19 | 19/20 |
| CO2 % charge used for car benefit multiplied by | £23,400 | £24,100 |
| VANS – FOR PRIVATE USE | ||
| 18/19 | 19/20 | |
| Zero emission: chargeable amount | £1,340 | £2,058 |
| Other vans: chargeable amount | £3,350 | £3,430 |
| Fuel – chargeable amount | £633 | £655
|
| TAX-FREE BUSINESS MILEAGE ALLOWANCE – OWN VEHICLE | ||
| Cars and vans first 10,000 miles | 45p per mile | thereafter 25p per mile |
| Qualifying passenger | 5p per mile | |
| Motorcycles | 24p per mile | Bicycles 20p per mile |
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in this document.
West London
3 Brook Business Centre,
Cowley Mill Road,
Uxbridge, UB8 2FX
T +44 (0) 1895 256423
East London
Leytonstone House,
Leytonstone,
London, E11 1GA
London, E11 1GA
T +44 (0) 20 8988 6100
South London
Charles Lake House, Claire Causeway, Crossways Business Park, Dartford DA2 6QA
T +44 (0) 1322 275335
London Bridge
1st Floor,
73–81 Southwark Bridge Road,
London, SE1 0NQ
73–81 Southwark Bridge Road,
London, SE1 0NQ
T +44 (0) 20 3814 9990
City London
46 New Broad Street,
London, EC2M 1JH
London, EC2M 1JH
T +44 (0) 20 3890 7360
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PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.
