05 July 2008 |
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| Home --> Fuel Scale Charges 2002/2003 | |
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Free fuel provided to an employee by the employer is taxable based on a fuel scale charge calculated by reference to vehicle engine size and fuel type (petrol or diesel) as follows:
You can use this calculator not only to calculate the amount of tax that you are paying in respect of this benefit-in-kind but also to see if the benefit itself is worth it. For example if you have a very low private mileage you may find that you are paying more in tax than you would pay for fuel! The calculator assesses the break-even mileage required to justify this benefit in kind - if the break-even mileage is more than your actual mileage this is not of benefit to you.
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