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Work out the taxable benefit on your company car.
The taxable benefit on your company car is based on the CO2 emissions of the car. These calculations are for the 2019/20 tax year.
The list price of the car and the cost of any optional extras.
The amount of any contribution made to the cost of the car (max £5000).
The amount paid to the employer over the whole year for any private use.
Does your employer pay for any private fuel for a company car?
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
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Chancellor Rishi Sunak has set out a package of temporary, targeted measures to support public services, people and businesses through the period of disruption caused by COVID-19.
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020.