Tel
• 024 7624 3603
Fax
• 024 7624 3604
Email
•
info@mkhac.co.uk
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Car & Van Calculator
Calculate the tax on your company car and car fuel benefit.
List price of car
£
Capital contribution made by employee
£
(Maximum reduction allowed to list price is £5,000).
Fuel Type *
Petrol
Diesel
Electric
* Enter as Petrol if your car is Euro
IV
compliant
C0
2
emissions
CO
2
emissions figure in g/km per registration document
(For cars registered between 1.1.98 and 28.2.01 see
www.vcacarfueldata.org.u
k
or
www.smmt.co.uk
).
If no
CO
2
emissions figure exists useEngine capacity
1400cc or less
1401cc to 2000cc
Over 2000cc or other
Registration date of car
1.1.98 or later
31.12.97 or earlier
Payments made by employee towards private use of car
£
Employer pays for private fuel?
(tick if yes)
Yes
Reset
Calculate
Results:
Car benefit:
£
Percentage of list price used:
%
Fuel benefit:
£
Total benefit:
£
Please note:
Where a car is unavailable for part of the year, the car and fuel benefits are reduced proportionately.
Find out if your benefit is £350 or £500, but be aware that these will increase from 6 April 2007.
Private use of the van?
Yes
No
Is the van over 4 years old?
Yes
No
Reset
Calculate
Company van benefit:
£
Please note:
That 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.
Back to calculators
MK Horsley & Co • 3 The Quadrant • Coventry • CV1 2DY • Tel 024 7624 3603 • Fax 024 7624 3604 • Email :
info@mkhac.co.uk
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