Ver 3 Jan 08
 
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Current Car & Fuel rates


All rates and allowances are available from the HMRC website on their Rates and Allowances page.

Car benefit rates

 
Charge rate
Zero (0%) exactly 0 N/A
Ultra low (5%) >0 - 75 0 -75
10% band 76 - 120 76 - 120
15% band 121 - 125 121 - 130
15% plus 1% for every extra 5 for every extra 5
Max rate (35%) 225 and over 235 and over
Fuel types
Petrol 0 0
Diesel +3 +3
Electric only 0 0
Petrol & Gas 0 -2
Adapted gas 0 -2
Petrol & Electric 0 -3

Future rule changes can be found on the HMRC web site http://www.hmrc.gov.uk/cars/rule-changes.htm

Van rates

Van age
less than 4 years £3000 £3000
4 years and over £3000 £3000
Provided fuel £550 £550

Fuel benefit rates

 
Annual value £18,000 £18,000
% charge Same as the car rate Same as the car rate

Company car - advisory fuel rates

 
 Fuel type
 up to 1400cc 14p 13p 10p 13p 12p 9p
 1401 - 2000cc 16p 13p 12p 15p 12p 10p
 over 2000cc 23p 16p 17p 21p 15p 15p
 *Pump price 128.9p 134p 76.5p 119p 112.7p 66.4p

* Pump price is the average price at the pumps that HMRC have used when calculating the fuel rates.

Mileage payment rates

 
Mileage
Cars & Vans 45p 25p 40p 25p
Motor cycles 24p 24p 24p 24p
Bicycles 20p 20p 20p 20p
Per passenger 5p 5p 5p 5p


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