A.W.BECKINSALE & CO.

CAR FUEL BENEFIT

If private fuel is provided by the employer the benefit charged is based on the engine size of the car as follows

Rules from 06.04.03
As with taxation of company cars, the car fuel benefit from 6 April 2003 is based on CO2 emissions. The same CO2 table is used for fuel purposes as for company car purposes.

CO2 emissions 2002/03 2003/04 2004/05 2005/06
         
140 15% 15% 15% 15%
145 15% 15% 15% 16%
150 15% 15% 16% 17%
155 15% 15% 17% 18%
160 15% 16% 18% 19%
165 15% 17% 19% 20%
170 16% 18% 20% 21%
175 17% 19% 21% 22%
180 18% 20% 22% 23%
185 19% 21% 23% 24%
190 20% 22% 24% 25%
195 21% 23% 25% 26%
200 22% 24% 26% 27%
205 23% 25% 27% 28%
210 24% 26% 28% 29%
215 25% 27% 29% 30%
220 26% 28% 30% 31%
225 27% 29% 31% 32%
230 28% 30% 32% 33%
235 29% 31% 33% 34%
240 30% 32% 34% 35%
245 31% 33% 35% 35%
250 32% 34% 35% 35%

For 2003/04 the percentage figure is applied to a fixed figure of £14,000.

The benefit of having car fuel benefit for a company car with CO2 emissions of 210 will be;

2002/03 24% x 14,400 £3,456

2003/04 26% x 14,400 £3,744

2004/05 28% x 14,400 £4,032

Rules to 05.04.03

Petrol Diesel
0 cc -1400cc 1401 cc
- 2000 cc
Above 2000cc 0cc - 2000cc Above 2000cc
£ £ £ £ £
 
2002 / 2003 2,240 2,850 4,200 2,850 4,200
2001 / 2002 1,930 2,460 3,620 2,460 3,620
2000 / 2001 1,700 2,170 3.200 2,170 3,200
1999 / 2000 1,210 1,540 2.270 1,540 2,270
1998 / 1999 1,010 1,280 1,890 1,280 1,890
1997 / 1998    800 1,010 1,490    740    940
1996 / 1997    710    890 1,320    640    820