Tax Rates - Company Car - 2000
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Taxable benefit is a percentage of
the car's list price (including VAT and delivery), and depends |
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| Business
mileage |
2000-2001 | 1999-2000 | ||
| up to 2,499 | 35% | 35% | ||
| 2,500 - 17,999 | 25% | 25% | ||
| 18,000 and over |
15% | 15% | ||
| Car over four years
old at end of tax year |
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| Reduce percentage by | 25% | 25% | ||
| Accessories | ||||
| Added to list price
except for cost of converting car for disabled person. List price reduced
by employer's capital contribution when car is first made available up to limit of £5,000 |
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| Car fuel benefit -
petrol |
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| up to 1,400cc | £1,700 | £1,210 | ||
| 1,401 - 2,000 cc | £2,170 | £1,540 | ||
| 2,000 cc plus |
£3,200 | £2,270 | ||
| Car fuel benefit -
diesel |
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| up to 1,400cc | £2,170 | £1,540 | ||
| 1,401 - 2,000 cc | £2,170 | £1,540 | ||
| 2,000 cc plus |
£3,200 | £2,270 | ||
| Tax free mileage
rates for employee using own car 2000/01 and 1999/2000 |
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| Miles |
up to 1,000cc | 1001 - 1,500cc | 1,501 - 2,000 | 2,000 plus |
| 0 -4000 | 28p | 35p | 45p | 63p |
| 4,000 plus | 17p | 20p | 25p | 36p |
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about
Accountancy and
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Finance Consultancy, Click here.
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Grosvenor Butterworth
4th
Floor, Summit House, 9/10 Windsor Place
Cardiff, United Kingdom, CF10
3BX
Grosvenor Butterworth is
regulated by the Financial Services Authority
© 1997-2000
Grosvenor Butterworth All Rights Reserved
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