11 December 2017
Government confirms 2018/19 car and van fuel benefit and van benefit charges
The government has confirmed the car and van fuel benefit and van benefit charges that will apply from 6th April 2018.
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The government confirmed in last month’s autumn Budget Statement that inflation-linked increases to existing charges would be introduced.
HM Treasury has now confirmed the charges for 2018/19:
- Car fuel benefit charge multiplier will increase to £23,400 (2017/18: £22,600)
- The flat-rate van benefit charge will increase to £3,350 (2017/18: £3,230)
- The flat-rate van fuel benefit charge will increase to £633 (2017/18: £610)
The van benefit charge for zero emission vans is 20% of the main rate in 2017/18, but will then increase on a tapered basis to 5th April 2022 – 40% in 2018/19; 60% in 2019/20; 80% in 2020/21; 90% in 2021/22; and then equalising with the standard charge in 2022/23.
Details of all other autumn Budget 2017 announcements are available here.