EIM24655 - Car benefit calculation Step 5, appropriate percentage, 2012 to 2013 onwards: car with an approved CO2 emissions figure: relevant threshold
Section 139 ITEPA 2003
»Ê¹ÚÌåÓýapp relevant threshold applies from 2012 to 2013 only.
»Ê¹ÚÌåÓýapp relevant threshold
This page relates to step 5 of the method statement in section 121(1) ITEPA 2003, see EIM24015.
»Ê¹ÚÌåÓýapp relevant threshold is the approved C02 emissions figure upon which all calculations of the appropriate percentage are based from 2012 to 2013 onwards.
»Ê¹ÚÌåÓýapp relevant threshold has been specified for the following tax years:
| Tax year | Relevant threshold, g/km (generate per kilometre) |
|---|---|
| 2012 to 2013 | 100 |
| 2013 to 2014 | 95 |
Calculating the appropriate percentage from the relevant threshold
»Ê¹ÚÌåÓýapp appropriate percentage is calculated as follows:
- if the car’s C02 emissions figure is less than the relevant threshold for the year, the appropriate percentage:
| g/km | 2012 to 2013 | 2013 to 2014 | 2014 to 2015 | 2015 to 2016 | 2016 to 2017 |
|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 5% | 7% |
| 1 to 50 | 5% | 5% | 5% | 5% | 7% |
| 51 to 75 | 5% | 5% | 5% | 9% | 11% |
| 76 to 94 | 10% | 10% | 11% | 13% | 15% |
If the car’s C02 emissions figure is equal to the relevant threshold for the year, the appropriate percentage is:
| Description | 2012 to 2013 | 2013 to 2014 | 2014 to 2015 | 2015 to 2016 | 2016 to 2017 |
|---|---|---|---|---|---|
| relevant threshold (g/km) | 100 | 95 | 95 | 95 | 95 |
| appropriate percentage | 11% | 11% | 12% | 14% | 16% |
If the car’s C02 emissions figure exceeds the relevant threshold for the year, the appropriate percentage is the lesser of:
- the threshold percentage increased by one percent for each 5g/km by which the C02 emissions figure exceeds the relevant threshold for the year
- 35% (up to 2014 to 2015) and 37% from 2016 to 2017
»Ê¹ÚÌåÓýappre is a ready reckoner for the appropriate percentage for a type A car for 2012 to 2013 onwards at EIM24705.
For examples showing the calculation of the car benefit charge for type A cars with approved CO2 emissions figures for 2012 to 2013 onwards, see EIM25060.