Car and Fuel Tax Calculator

In the Budget on 21 March 2000, the Government announced the new regime affecting the taxation of company cars to apply from 6 April 2002. The existing regime that encourages company car drivers to drive unnecessary miles is to be replaced by a system that encourages the use of more fuel efficient vehicles.

This tax calculator compares the existing regime to the new regime in order to provide you with an indication of how the changes affect you. The Government's proposals are as follows:

• List price still to be used as the basis of the taxable benefit calculation
• Business mileage discounts to be replaced by a sliding scale based on CO2 emissions
• Minimum and maximum benefit charges of 15% and 35% respectively to remain
• Starting level of CO2 emissions attracting the minimum 15% charge to be 165g/km (reducing to 145g/km in 2004/05)
• An increase of 1% for each 5 g/km of CO2 emissions over the minimum
• Diesels to attract a 3% supplement due to the emission of other poisons
• A 40% tax increase for the provision of private personal fuel

Note:
The calculator is being updated, and some information may be slightly inaccurate, as there has been some recent changes in list prices for vehicles. However, not all vehicles are affected.

More Car Tax Advice and Information

• Car Tax Advice Introduction
• Benefit in Kind Rate Chart
• Car Tax Calculator
• Car Tax Details
• Car Tax Benefits
• Employee Contributions
• Car Tax FAQs