- 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.
2022/23 |
|
CO2 emissions
|
% of list price taxed |
0 | 2 |
1–50 (split by zero-emission miles) | 2 |
Electric Range
More than 130 70-129 40-69 30-39 Under 30 |
2 5 8 12 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 |