company car tax calculations www.comcar.co.uk

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A company car driver can expect to pay tax on the following basis: For a monthly paid car driver on the PAYE system with the correct tax code, one twelfth of the appropriate amount of tax will be deducted from income via the monthly payroll. The car benefit is added to your income for tax purposes. For an individual 						already close to the threshold for higher rate tax, some will be taxed at 20 percent, and some at 40 percent. The P11D value is fixed for the life of the car according to the new list price when first registered, but other rates may change.

Vehicle benefit tax

Tax year to 5th April 2010/11 2011/12 2012/13
P11D value £13,685 £13,685 £13,685
Percentage charge 13% 13% 13%
Benefit in kind £1,779 £1,779 £1,779
Tax payable at 20% £356 £356 £356
Tax payable at 40% £712 £712 £712

If the company pays for private use of fuel, the following applies in addition:

Fuel benefit tax

Tax Year to 5th April 2010/11 2011/12
P11D value £18,000 £18,000
Percentage charge 13% 13%
Benefit in kind - Fuel £2,340 £2,340
Tax payable at 20% £468 £468
Tax payable at 40% £936 £936

View effect on net pay

based on a salary pa of £
On the road price £13740
First-year VED £0
Manufacturers price date 23-Aug-2010
Value for P11D excluding options £13685
Non-taxable items VED, FRF, non-taxable options such as telephone, telephone wiring, servicing packages and list price in excess of £80,000. Discounts will be shown as a negative item. £55
Price of taxable accessories £0
Capital contributions £0
Amount paid annually for private use of the car £0

The base data has been taken from the manufacturer, and applied to the latest tax information. Errors or changes could arise. Report an error if there is something you don't understand or think might be incorrect. Please see the full Terms and Conditions.

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View more details on this car

 
CO2 emission (gpkm) The CO2 emission figure comes from the type approval test, and is set for the life of the car. 89
Green label The Green label is the colour coded VED band. VED Band a
Corporation tax For companies, this indicates the level and rate at which the cost of the vehicle can be relieved against profits and corporation tax. Since April 2009 these are based on CO2 100% FYA
Fuel type   Diesel
Fuel type key letter The fuel type key letter is required for the P46(car) form used to inform the tax authorities of the exact level of benefit arising from a company car. L
NCAP safety rating Where shown, click on the stars for the latest NCAP report on this range. It may not be for the exact model, but serves as a guide. Link to Euro NCAP Fabia report
Number of seats   5
Bodystyle   Estate
Transmission   Manual
Fuel consumption The fuel consumption is the official figure for the combined cycle of EU Directive 80/1268/EEC as amended by 2004/3/EC. 83.1 mpg
Number of doors   5
Acceleration 0 to 62   14.3 s
Maximum speed   107 mph
Insurance group   11


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