Bolland & Burke Chartered Accountants - a wealth of knowledge at your disposal
The tax you pay on your company car is governed by four main factors:
- The list price of the car, on the day before it was first registered
- The fuel type (petrol or diesel)
- The rate at which the car emits carbon dioxide (CO2)
- Your highest rate of income tax
| Examples of Company Car Benefits 2009-10 | 2009-10 | 2 |
| Model | CO2 | CO2 | Benefit | Tax | Tax |
| Fuel | Price £ | % | £ | @20% | @40% |
| Fiat 500 1.2 | £8,210 | 10 | £821 | £164 | £328 |
| Toy Aven 1.8 | £18,070 | 18 | £3,253 | £651 | £1,301 |
| Freelander | £23,059 | 29 | £6,687 | £1,337 | £2,675 |
| BMW 550i | £46,945 | 35 | £16,431 | £3,286 | £6,572 |
Lowest CO2 'typical' company car Highest CO2 'typical' company car
* Ford Fiesta 1.6 TDCi Econetic 98g * Range Rover TDV8 Vogue Auto 302g
* Seat Ibiza 1.4 TDi Ecomotive 99g * Jaguar XKR Coupe 294g
* VW Polo 1.4 TDi Bluemotion 1 (or 2) 99g * Audi Q7 4.2 V8 TDi SE 294g
Please Note: The figures in this tax guide are for guidance only. Professional advice should be obtained before acting on the information and no responsibility can be accepted for any loss however caused resulting from actions taken or not-taken as a result of the information on this page.
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