In the UK, car and fuel benefits are provided by employers to their employees and can be a valuable part of a compensation package. These benefits come with specific tax implications and regulations that both employers and employees need to be aware of to ensure compliance and maximize their advantages.
Our aim is to offer you a clear and comprehensive overview of the current car and fuel benefit rates, helping you understand how these benefits work, their tax implications, and how they can affect your financial planning. Whether you’re an employer looking to offer these benefits or an employee receiving them, this guide will equip you with the knowledge you need.
| Chargeable Value | Chargeable Percentage |
