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 2,50035%
2,500 to 17,99925%
18,000 or more15%


Note that this table only applies to the first car. See SE23324 for details of the percentages which apply to second and subsequent cars.