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Company car benefit calculator

Estimate the annual benefit-in-kind taxable amount on a company car.

List price (£)

P11D value (manufacturer's list incl. VAT + accessories)

Employee capital contribution (£)

One-off contribution toward the cost

BIK percentage

From HMRC CO2-emissions table; electric ≈ 2%, hybrid 8-14%, petrol 25-37%

Annual private-use payment (£)

If the employee pays per year for private use

Annual BIK

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Enter values above to calculate.

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Simplified: actual BIK rates vary with CO2 emissions, fuel type, and electric range. Capital contributions are capped at £5,000. Tax is paid via PAYE on the BIK value at the employee's marginal rate.

Tool maintained by Studio Woodlark — a sub-brand of Woodlark Associates Ltd. Rates and bands subject to change. Provided for guidance; not a substitute for advice.