London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Car benefit calculator

When a company car is made available for the private use a benefit in kind is calculated in relation to the car, and any fuel provided for private use.

HMRC’s website provides a calculator function that:

allows you to calculate the benefit in kind value of a company car and, if appropriate the car fuel benefit; and
provides an indication of the income tax you would be liable to pay for the provision of company car and car fuel benefit.

The calculator covers the years 2009/10 to 2014/15.

It is a relatively simple tool and it helps to know the cost of a benefit.

To access the calculator, click onto HMRC’s website.



Date: 24th January, 2014
Author: Cathy Corns


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Football #finance short-term cost control, profitability and sustainability @mercerhole Andy Turner sheds light on……

Lisa Spearman, Private Client Partner updates on 'Changes to Main Residence Relief from Capital Gains Tax'……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn