Car Fuel Benefit Charge - 17% increase from April 2008

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25 October 2007

When an employee is provided with free fuel for a company car for private use, the fuel benefit charge is calculated by multiplying the car's CO2 emission rating by a fixed multiplier, currently £14,400. From 6 April 2008, this multiplier will increase to £16,900, effectively increasing the employee's tax charge and the employer's Class 1A NICs charge by over 17%.

...UK Payroll News - Latest

Further information:
PBRN23 - Fuel Benefit Charge

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