Car and Fuel Benefits Calculator
As an employer, if you provide company cars or fuel for your employees’ private use, you’ll need to work out the taxable value so you can report this to HM Revenue and Customs (HMRC).
Use our car and fuel calculator to get an estimate of the amount of tax you should expect to pay for a car and fuel allowance.
The calculator is to be used as a guide and should not be construed as financial advice. Contact us for a detailed review of your circumstances.
For classic cars (aged 15 years or more and having a market value of £15,000 or more at the end of the year of assessment) use the market value at the end of the year of assessment if this is higher than the adjusted list price.
If the car is unavailable for part of the year the benefits are proportionately reduced.
Some cars run on other fuels - bi-fuel lpg, E85 fuel and hybrid electric and petrol cars have slightly discounted charges.