Car Benefit For Employees  Return to BSG Valentine homepage

Taxable amount based on car's list price when new up to £80,000.
Charge varies according to CO2 emissions in grams per kilometre.
CO2
g/km
% of price
2006-08
0-144 15
145-9 16
150-4 17
155-9 18
160-4 19
165-9 20
170-4 21
175-9 22
180-4 23
185-9 24
190-4 25
 
CO2
g/km
% of price
2006-08
195-9 26
200-4 27
205-9 28
210-4 29
215-9 30
220-4 31
225-9 32
230-4 33
235-9 34
240+ 35
 
Further reductions for LPG, hybrid and electric cars.
 
Diesels not meeting Euro IV or registered after 31 December 2005, add 3% subject to maximum charge of 35%.
 
Vans for private use 2007/08 2006/07
Chargeable amount £3,000 £500*
No charge if private use is limited to journeys between home and work.
*£350 if over 4 years old on 5/4/06

© Copyright 21 March 2007, subject to Finance Act 2007. For information only. Always seek professional advice before acting.