Car benefit

Calculate the tax on your company car and car fuel benefit. Contact us to discuss how this can be reduced.

Check out our Fuel Cost Calculator

About the car
(Maximum reduction allowed to list price is £5,000).
Enter as petrol if your car is a pre 2006 Euro IV compliant diesel
CO2 emissions
This information is in your registration certificate or use this search facility.
(For cars registered between 1.1.98 and 28.2.01 see www.vcacarfueldata.org.uk or www.smmt.co.uk).
Van benefit

The chargeable benefits have been increased for 2011/12.

To find out the cost of the benefit of a van please refer to this table:

  Standard rate (20%)
Benefit
(tax cost)
Higher rate (40%)
Benefit
(tax cost)
Additional rate (50%)
Benefit
(tax cost)
Van only - benefit £3,000 £600 £1,200 £1,500
Van and fuel for private use - benefit £3,550 £710 £1,420 £1,775
Employer's class 1A NICs:
Van £414
Fuel £76
Please note:

That there is no van fuel benefit if the employee pays for private fuel. If the van is unavailable for part of the year the van benefit is reduced proportionately.

There is no van benefit where the van is incapable of producing CO2 emmisions in use.

Easy Accountancy

Easy Accountancy is the UK’s only national specialist accountancy firm for freelancers, sole traders and small businesses

If you’ve just started out as a freelancer or run a small business, you’ll definitely need a small accountant and there are plenty of options out there! However, most accountants will charge you every time you get in touch with them; for every phone call, email or meeting.

We don’t want our clients to be scared to contact us and potentially lose out on valuable tax saving advice. It's even more important when you first start out as you really need to set your business up in the best way possible. As a start up you’ll probably have loads of questions and will really appreciate the fact you can call your accountant as many times as you like without the fear of racking up large bills.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own accountant throughout the year, so you never need to worry about picking up the phone and then receiving a bill afterwards for the privilege, and covers all your business and personal tax affairs needs. All clients additionally receive: 

  • Help to run your business in the most tax efficient way possible
  • Help so you can understand the taxes you need to pay
  • Advice on the best ways to manage your business
  • Updates and reminders so you'll never miss a deadline
  • Help to ensure you maximise your tax allowances
  • Provide proactive tax advice throughout the year

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 0500 234111 / 01442 275767 or email aaron.oneill@easyaccountancy.co.uk

We also have a money-back service guarantee - all of your telephone calls and emails will be answered on the same day, or we will refund your monthly fee (another first within the accountancy world).

To appoint us as your accountants, please fill in our Client Agreement Form online.

If you are a contractor working through a limited company then visit SJD Accountancy (our sister company) who specialise in providing tax advice and accountancy services for Limited Company contractors. You can also keep up to date by following the SJD Accountancy Twitter

You may also find the following pages helpful: