The HMRC company car & fuel calculator has a different amount to using the Sage payroll car & fuel one.
The car will be payrolled so I need to get this right. I have never had such a discrepancy before.
Tax year 24/25
The HMRC company car & fuel calculator has a different amount to using the Sage payroll car & fuel one.
The car will be payrolled so I need to get this right. I have never had such a discrepancy before.
Tax year 24/25
Hi,
Thanks for using Community Hub.
Could you reply with the details set up in sage 50 Payroll and the figures generated by Sage vs HMRC?
This will allow us to look into it further.
Regards,
Andy
Sage UKI
Hi, thanks for posting those.
The values on the HMRC website are different to Payroll as the chosen fuel type on the HMRC site is set to type F, but for euro IV you need to select fuel type D. Details are on the website: www.gov.uk/calculate-tax-on-company-cars
Using the HMRC calculator
Choose fuel type ‘F’ for diesel cars that meet the Euro 6d standard (also known as Real Driving Emissions 2). Choose type ‘D’ for other diesel cars.
If you choose D on the HMRC calculator then the values match.
If this helps, please click Verify Answer.
Regards,
Andy
Safe UKI
Hi, thanks for posting those.
The values on the HMRC website are different to Payroll as the chosen fuel type on the HMRC site is set to type F, but for euro IV you need to select fuel type D. Details are on the website: www.gov.uk/calculate-tax-on-company-cars
Using the HMRC calculator
Choose fuel type ‘F’ for diesel cars that meet the Euro 6d standard (also known as Real Driving Emissions 2). Choose type ‘D’ for other diesel cars.
If you choose D on the HMRC calculator then the values match.
If this helps, please click Verify Answer.
Regards,
Andy
Safe UKI
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