SE23321 - Car benefits: calculating the car benefit charge 1999/2000 to 2001/02; business mileage bands and corresponding percentage of price of the car
Paragraphs 2 Schedule 6 ICTA 1988 and Section 47 FA 1999
The percentage of the price of the car as regards the year is
set according to the level of business travel in the car during the
tax year. 'Business travel' is defined at
SE23080.
The percentages of the price of the car as regards a year for
the three business mileage bands are set out below.
| Business Travel (Miles) | Percentage of price of car |
| Less than 2,500 | 35% |
| 2,500 to 17,999 | 25% |
| 18,000 or more | 15% |
Note that this table only applies to the first car. See
SE23324 for details of the percentages
which apply to second and subsequent cars.
