The ready reckoner of appropriate percentage for calculating car benefit charge for 2013 to 2020 has been updated. The format of the table has been revised and the period of time covered has been updated. Some diesel supplement percentages have also been corrected.
In addition, HMRC has also altered the ready reckoner of appropriate percentage for calculating car benefit charge for 2002 to 2013. The format of the table has been revised and the period of time covered has been updated.
Company car tax was reformed in April 2002 to an emissions-based system. The charge is calculated by applying a percentage figure (the appropriate percentage) to the list price of the car. The fuel type of the car and its CO2 emissions determine the appropriate percentage.
