Tax Calculators

Car Benefit Calculator

Car list price (£)
Employee capital contribution (£)
Fuel type
ⁱCO2 emissions figure in g/km
Engine capacity (cc)
Car registration date
Employee contributions towards private use of the vehicle (£)
Does employer pay for private fuel

Car Benefit
Percentage of list price
Fuel Benefit
Total benefit
Annual liability for 2009/10 at 20%
Annual liability for 2009/10 at 40%

Calculate your car benefit liability. Please note: If the vehicle was registered after 31st December 1997 then the amount is based on the emission figure. Vehicles registered prior to this or with no emission figure use the engine size (cc) instead.

ⁱ If your vehicle is registered between 01/01/98 and 28/02/01 see www.vcacarfueldata.org.uk or www.smmt.co.uk to help you fill in this field.

Van Benefit

The system for taxing vans has changed and the chargeable benefits increased. Use this table to determine the cost of the benefit of a van:

	Standard rate (20%) Benefit (tax cost)	Higher rate (40%) Benefit (tax cost)
Van only - benefit £3,000	£600	£1,200
Van and fuel for private use - benefit £3,500	£700	£1,400
Employer's class 1A NICs:
Van	£384
Fuel	£64

Notes:

There is no van fuel benefit at present if the employer pays for private fuel
If the van is unavailable for part of the year the van benefit is reduced proportionately

Tax and Financial Calculators
	Gross Profit Margin Calculator
	Inheritance Tax Calculator
	Loan Repayment Calculator
	Savings Calculator
	Payroll Calculator
	Stamp Duty Calculator
	VAT Calculator
	Car Benefit Calculator
	Van Benefit Calculator

© Copyright Glazers 2010. All rights reserved. This information has been produced for general interest. It is therefore essential to take advice on specific issues. We are unable to take responsibility for any outcome resulting from acting upon, or refraining to act upon, this information.

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