P274 CEEFAX 2 274 Sun 16 Feb 21:54/06 1O3 CAR AND FUE BENEFITS Car Benefit Year to 5 April 1997 and 98 Company cars are taxed at 35) of the list price of the car when it was new, subject to an £80,000 ceiling. The djnjfit is reduced: - by 1/3 if annual business mileage is between 2,500 and 17,999 - bz 2/3 if annual business mileage is 18 000 or over - bz a furthjt 1O3 if the car is 4 or more years old at the ind of tax year - bz contributions the employee maker for private use Source: Ernst & Young (see page 271) CPA JOINT LIFE RATES MOVED TO 264 UPI TaxIndjx Inc Tbx Main MenuP274 CEEFAX 2 274 Sun 16 Feb 21:59/38 2/3 U OO CA AND FUEL B NEFITS Year to 5 April 1997 Fuel Bin fit Engine Size Petrol Diesel 1400cc or less £710 £640 6 Ovjt 2000cc £1320 £820 @ @ Reduced to nil if the employee refunds fuel used for private journeys. Sourc : mst & Young (see pag 271 CPA JOINT LIFE RATES MOVED TO 264 UPI TaxIndjx Inc Tbx Main MenuP274 CEEFAX 2 274 Sun 16 Feb 21:40/19 3/3 OO CA5 AND FUEL BENEFITS Year to 5 April 1:98 Fuel Benefit Engine Size Petrol Diesel 1400cc or less £800 £740 Over 2000cc £1490 £940 Reduced to nil if the employee refunds fuel used for private journeys. Sourc : Ernst & Young (see pag 271) CPA JOINT LIFE RATES MOVED TO 264 UPI TbxIndjx Inc Tbx Main Menu