The HMRC Car and Car fuel Benefit Calculator Has Been Updated
The HMRC Car and Car fuel benefit calculator has been updated to include calculations for 2013–14.
The calculator:
- § allows calculations of the ‘benefit in kind’ value of a company car and, if appropriate the car fuel benefit
- § provides an indication of the Income Tax an individual would be liable to pay for the provision of company car and car fuel benefit
The calculator is enabled for calculations in the years 2008–09 to 2013–14. Information on forthcoming changes to the car benefit rules is also available on the HMRC website.
