EIM24500 - Car benefit calculation Step 5, appropriate percentage: introduction

Section 121 (step 5) and Sections 133 to 142 ITEPA 2003

This page relates to step 5 of the method statement in section 121(1) ITEPA 2003, see EIM24015.

The car benefit charge is calculated by multiplying the interim sum at step 4 (the price of the car and accessories, see EIM24010 onwards) by the appropriate percentage based on the car바카라 사이트™s carbon dioxide (CO2) emissions, which is determined at step 5.

Guidance on the appropriate percentage is in this section of the guidance, which is set out as follows:

  • finding the approved CO2 emissions figure, see EIM24505 onwards
  • the appropriate percentage for cars first registered on or after 1 January 1998:
    • with a CO2 emissions figure, see EIM24550
    • without a CO2 emissions figure, see EIM24950
    • adjustments for alternatively fuelled or propelled vehicles
  • the appropriate percentage for all cars first registered before 1 January 1998, see EIM24975