A company car driver can expect to pay tax on the following basis: i.
|Tax year to 5th April||2018/19||2019/20||2020/21|
|Benefit in kind||£3,350||£3,350||£3,350|
|Tax payable at 20%||£670||£670||£670|
|Tax payable at 40%||£1,340||£1,340||£1,340|
If the company pays for private use of fuel the following applies in addition:
|Tax year to 5th April||2018/19||2019/20|
|Benefit in kind - Fuel||£633||£633|
|Tax payable at 20%||£127||£127|
|Tax payable at 40%||£253||£253|
|CO2 emission (g/km)||i||n/a|
The CO2 emission figure comes from the type approval test, and is set for the life of the car.
|Fuel type key letter||i||D|
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.
|Number of seats||2|
|Fuel consumption||i||not available|
The fuel consumption is the official figure for the combined cycle of EU Directive 80/1268/EEC as amended by 2004/3/EC.
|Number of doors||2|
|Acceleration 0 to 62||not available|
|Maximum speed||not available|