EIM24000 - The benefits code: car benefit: calculating the cash equivalent: index: contents

The guidance on car and car fuel benefits has been restructured. There is a conversion chart between the old and new page numbers at EIM23005.

This index covers the calculation of the cash equivalent. There are related indexes at:

1. EIM23010

   Car benefit: the charge to tax
2. EIM25500

   Car fuel benefit
3. EIM24010

   Calculating the amount of the car benefit charge: introduction
4. EIM24015

   Car benefit calculation: method statement
5. EIM24050

   Steps 1 to 4, price of the car: introduction
6. EIM24055

   Steps 1 to 4, price of the car: step by step guide
7. EIM24100

   Step 1, price of the car: list price or notional price
8. EIM24105

   Step 1, price of the car: list price
9. EIM24110

   Step 1, price of the car: list price: manufacturer, importer or distributor
10. EIM24115

    Step 1, price of the car: imported cars
11. EIM24120

    Step 1, price of the car: carbon offset charges
12. EIM24150

    Step 1, price of the car: notional price
13. EIM24155

    Step 1, price of the car: notional price - particular cars
14. EIM24175

    Step 1, price of the car: exception: cars manufactured to run on road fuel gas
15. EIM24180

    Step 1, price of the car: automatic car for use by a disabled employee
16. EIM24200

    Step 2, accessories: introduction
17. EIM24205

    Step 2, accessories: qualifying accessory (definitions)
18. EIM24207

    Step 2, accessories: security enhanced cars
19. EIM24210

    Step 2, accessories: standard accessory, non-standard accessory (definitions)
20. EIM24215

    Step 2, accessories: initial extra accessory, later accessory (definitions)
21. EIM24220

    Step 2, accessories: list price, notional price (definitions)
22. EIM24225

    Step 2, accessories: conditions when determining list or notional price (part 1)
23. EIM24230

    Step 2, accessories: conditions when determining list or notional price (part 2)
24. EIM24235

    Step 2, accessories: initial extra accessory with list price quoted by manufacturer, etc. of the car
25. EIM24240

    Step 2, accessories: initial extra accessory with list price quoted by manufacturer, etc. of the accessory
26. EIM24245

    Step 2, accessories: initial extra accessory with notional price
27. EIM24250

    Step 2, accessories: later accessory
28. EIM24255

    Step 2, accessories: replacement accessories: general
29. EIM24260

    Step 2, accessories: replacement accessories: new accessory not superior to old
30. EIM24265

    Step 2, accessories: replacement accessories: new accessory superior to old
31. EIM24270

    Step 2, accessories: exceptions: equipment necessarily provided for use in the performance of the duties
32. EIM24275

    Step 2, accessories: exceptions: equipment for disabled persons
33. EIM24280

    Step 2, accessories: exceptions: cost of converting car to run on road fuel gas
34. EIM24285

    Step 2, accessories: exceptions: miscellaneous
35. EIM24290

    Step 2, accessories: personalised car number plates
36. EIM24350

    Step 3, capital contributions: definition and effect
37. EIM24355

    Step 3, capital contributions: the amount deductible
38. EIM24360

    Step 3, capital contributions: years when deduction is allowed
39. EIM24365

    Step 3, capital contributions: repayment of capital contributions
40. EIM24400

    Steps 1-4, classic car: definition
41. EIM24405

    Steps 1-4, classic car: market value
42. EIM24410

    Steps 1-4, classic car: capital contributions
43. EIM24440

    Step 4, price cap for expensive cars (2002/03 to 2010/11 only)
44. EIM24450

    Steps 1 to 4: examples: list price
45. EIM24455

    Steps 1-4, examples: notional price
46. EIM24460

    Steps 1 to 4: example: classic car
47. EIM24465

    Steps 1-4, examples: repayment of capital contribution
48. EIM24500

    Step 5, appropriate percentage: introduction
49. EIM24505

    Step 5, appropriate percentage: when does a car have an approved CO2 emissions figure?
50. EIM24510

    Step 5, appropriate percentage: approved CO2 emissions figure: car first registered in the UK from 1 January 1998 to 28 February 2001
51. EIM24515

    Step 5, appropriate percentage: approved CO2 emissions figure: car first registered in the UK from 1 March 2001 onwards
52. EIM24520

    Step 5, appropriate percentage: approved CO2 emissions figure: car first registered in other EU countries
53. EIM24525

    Step 5, appropriate percentage: approved CO2 emissions figure: car imported from outside the EU
54. EIM24530

    Step 5, appropriate percentage: approved CO2 emissions figure: more unusual models
55. EIM24535

    Step 5, appropriate percentage: approved CO2 emissions figure: cases of difficulty
56. EIM24550

    Step 5: appropriate percentage: 2002 to 2003 onwards: car with an approved CO2 emissions figure: overview
57. EIM24600

    Step 5, 2002/03 to 2005/06: low emission cars
58. EIM24605

    Step 5, 2008/09 to 2011/12: qualifying low emissions cars (QUALECs)
59. EIM24610

    Step 5, 2012 to 2013 to 2014/ to 2015: cars with CO2 emissions between 1-75 g/km
60. EIM24611

    Step 5: Ultra Low Emissions Vehicles (ULEVs): 2020 to 2021 onwards
61. EIM24620

    Step 5, appropriate percentage bands from 2015 to 2016
62. EIM24650

    Step 5, 2002 to 2003 - 2011 to 2012: lower threshold
63. EIM24655

    Step 5, 2012 to 2013 onwards: relevant threshold
64. EIM24700

    Step 5, 2002/03 to 2010/11: ready reckoner for type P (petrol-powered) cars
65. EIM24705

    Step 5: appropriate percentage: tax years 2015 to 2016 onwards: ready reckoner for type A cars
66. EIM24720

    Step 5, 2002/03 to 2005/06: table summarising adjustments to appropriate percentage for different fuels
67. EIM24725

    Step 5, 2006/07 to 2010/11: table summarising adjustments to appropriate percentage for different fuels
68. EIM24730

    Step 5, 2011 to 2012 onwards: adjustments to appropriate percentage and code letters used for different fuels
69. EIM24735

    Car benefit calculation step 5: appropriate percentage 2015 to 2016 onwards
70. EIM24800

    Step 5, 2002/03 to 2010/11: type P, petrol-powered cars
71. EIM24805

    Step 5, 2002/03 to 2010/11: type D, diesel cars up to and including Euro III
72. EIM24810

    Step 5, 2002/03 to 2010/11: type L, Euro IV and Euro 5 diesels
73. EIM24815

    Step 5, 2002/03 to 2009/10: type E, cars propelled solely by electricity
74. EIM24820

    Step 5, 2002/03 to 2010/11: type H, petrol/electric hybrid cars
75. EIM24825

    Step 5, 2002/03 to 2010/11: types B and C bi-fuel or road fuel gas cars - overview
76. EIM24830

    Step 5, 2002/03 to 2010/11: type B cars
77. EIM24835

    Step 5, 2002/03 to 2010/11: type C cars
78. EIM24840

    Step 5, 2008/09 to 2010/11: type G cars
79. EIM24850

    Step 5: 2010 to 2011 to 2014 to 2015: type E cars only
80. EIM24855

    Step 5, 2011 to 2012 onwards: type D, all diesel cars
81. EIM24860

    Step 5, 2011 to 2012 and 2014 to 2015: type A, all cars except types E and D
82. EIM24900

    Step 5, 2002 to 2003 onwards: automatic car for use by a disabled employee
83. EIM24905

    Step 5, 2002 to 2003 onwards: meaning of automatic transmission
84. EIM24950

    Step 5, 2002 to 2003 onwards: car without an approved CO2 emissions figure
85. EIM24975

    step 5, 2002 to 2003 onwards: car first registered before 1 January 1998
86. EIM25000

    Step 6: annual car benefit charge before reductions
87. EIM25020

    Steps 1-6, 2002/03 to 2010/11: petrol car with approved CO2 emissions figure (type P): example
88. EIM25025

    Steps 1-6, 2002/03 to 2010/11: diesel car with approved CO2 emissions figure (type D): example
89. EIM25030

    Steps 1-6, 2002/03 to 2010/11: hybrid petrol/electric car (type H): example
90. EIM25035

    Steps 1-6, 2002/03 to 2010/11: 2002/03 to 2010/11: bi-fuel LPG car with approved gas CO2 emissions figure (type B): example
91. EIM25040

    Steps 1-6, 2002/03 to 2010/11: bi-fuel LPG car with no approved gas CO2 emissions figure (type C): example
92. EIM25045

    Steps 1-6, 2002/03 to 2010/11: diesel car approved to Euro IV or Euro 5 limits (type L): example
93. EIM25050

    Steps 1-6, 2008/09 to 2010/11: car manufactured to run on E85 fuel (type G): example
94. EIM25055

    Steps 1-6, 2011/12 onwards: diesel car (type D): example
95. EIM25060

    Steps 1-6, 2011 to 2012 onwards: all cars except types E and D, electric-only and diesel (type A): example
96. EIM25100

    Step 7: reduction in car benefit charge
97. EIM25105

    Step 7: reduction in car benefit charge: meaning of unavailable
98. EIM25125

    Step 7: replacement car
99. EIM25130

    Step 7: replacement car: meaning of materially better
100. EIM25135

     Step 7: replacement car: meaning of arrangement
101. EIM25150

     Step 7: reduction in car benefit charge: example
102. EIM25170

     Step 7: circumstances when car is unavailable: example
103. EIM25175

     Step 7: circumstances when car is not unavailable: example
104. EIM25180

     Step 7: replacement car: circumstances that do not count as arrangements: example
105. EIM25185

     Step 7: replacement car: circumstances that do count as arrangements: example
106. EIM25200

     Step 7A: introduction
107. EIM25205

     Step 7A: employees to be disregarded: just and reasonable basis
108. EIM25250

     Step 8: deduction for payments for private use of a car
109. EIM25253

     Step 8: deduction for payments for private use of car - exceptional circumstances
110. EIM25255

     Step 8: deductions for private use of a car – CIR v Quigley
111. EIM25260

     Step 8: payments for a more expensive car
112. EIM25261

     Step 8: examples
113. EIM25265

     Step 8: deductions for private use payments - cases of doubt
114. EIM25290

     Steps 1 to 8: example