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Car fuel benefit
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Car fuel benefit applies if an employee has the benefit of private fuel for a company car.
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The benefit is calculated by applying the percentage used to calculate the car benefit by
a 'fuel charge multiplier'.
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The charge is proportionately reduced if provision of private fuel ceases part way through
the year. The fuel benefit is reduced to nil only if the employee pays for all private fuel.
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Car fuel benefit 2024/25
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|
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Fuel charge multiplier
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£27,800
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-
Car fuel benefit
-
-
Car fuel benefit applies if an employee has the benefit of private fuel for a
company car.
-
The benefit is calculated by applying the percentage used to calculate the car
benefit by a 'fuel charge multiplier'.
-
The charge is proportionately reduced if provision of private fuel ceases part way
through the year. The fuel benefit is reduced to nil only if the employee pays for
all private fuel.
|
Car fuel benefit 2023/24
|
|
|
Fuel charge multiplier
|
£27,800
|