Van and Car Benefit Thresholds for 2019/20

Employers should be aware of the Van Benefit and Car and Van Fuel Benefit Order 2018 that makes good on the UK Budget’s announcement of the following benefit values for 2019/20:

Car Fuel Benefit

From the 6^th of April 2019, the car fuel multiplier increases as follows (with 2018/19 figures show as a comparison):

Van and Van Fuel Benefit

From the 6^th of April 2019, the van fuel and van benefit charge increases as follows (with 2018/19 figures shown a comparison):

Note that the “tapered” van benefit charge for zero CO2-emitting company vans will be 60% of the main charge in 2019/20 and this is an increase from the 40% that applied in 2018/19.

Employers should be aware of the Van Benefit and Car and Van Fuel Benefit Order 2018 that makes good on the UK Budget’s announcement of the following benefit values for 2019/20:

Car Fuel Benefit

From the 6^th of April 2019, the car fuel multiplier increases as follows (with 2018/19 figures show as a comparison):

Van and Van Fuel Benefit

From the 6^th of April 2019, the van fuel and van benefit charge increases as follows (with 2018/19 figures shown a comparison):

Note that the “tapered” van benefit charge for zero CO2-emitting company vans will be 60% of the main charge in 2019/20 and this is an increase from the 40% that applied in 2018/19.