11 December 2017

Government confirms 2018/19 car and van fuel benefit and van benefit charges

The government has confirmed the car and van fuel benefit and van benefit charges that will apply from 6th April 2018.

The government confirmed in last month’s autumn Budget Statement that inflation-linked increases to existing charges would be introduced.

HM Treasury has now confirmed the charges for 2018/19:

• Car fuel benefit charge multiplier will increase to £23,400 (2017/18: £22,600)
• The flat-rate van benefit charge will increase to £3,350 (2017/18: £3,230)
• The flat-rate van fuel benefit charge will increase to £633 (2017/18: £610)

The van benefit charge for zero emission vans is 20% of the main rate in 2017/18, but will then increase on a tapered basis to 5th April 2022 – 40% in 2018/19; 60% in 2019/20; 80% in 2020/21; 90% in 2021/22; and then equalising with the standard charge in 2022/23.

Details of all other autumn Budget 2017 announcements are available here.