Company car tax calculator

1. Choose an operating cycle

Operating cycle

2. Choose a car

Car Tax Calculator

Manufacturer

Model

Derivative

Your results will display below

3. Compare another car

Car Tax Calculator

Manufacturer

Model

Derivative

Your results will display below

Employee's Costs:

List price (P11D)*

£35,680

CO2

33g/km

BIK percentage charge

12%

Benefit in kind (2024-25)

£4,282

England

Tax payable at 20%

£856

Tax payable at 40%

£1,713

Scotland

Tax payable at 19%

£814

Tax payable at 20%

£856

Tax payable at 21%

£899

Tax payable at 41%

£1,755

Tax payable at 46%

£1,970

Employer's Costs:

List price (P11D)*

£35,680

VED

£510

Class 1A NIC

£591

Running cost**

39.38p per mile

- Depreciation

31.29p per mile

- SMR costs

4.45p per mile

- Fuel cost

3.63p per mile

Total running cost**

£31,501 per cycle

Residual value

£10,700

* P11D includes basic list price, delivery and VAT

** Does not include Class 1A NIC, VED or insurance

All tax figures are based on current tax year

Data supplied by CAP. Last updated March 2024

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View the current and previous BIK tax bands

'What's my car's mpg?'

The Fleet News car tax calculator enables you to calculate the company car tax costs for both the employer and the employee.

By using the drop down menus you can refine your search down to the exact model, derivative and replacement cycle to gain an accurate view of a company car’s tax costs. You can also compare another car by using the second calculator alongside.

The car tax calculator shows the tax payable at 20% and 40% that the employee will pay as well as a breakdown of the employer’s costs including total running cost of the cycle and per mile.

The P11D value is the list price of the vehicle plus VAT and delivery charges where applicable.

The residual value of the vehicle is an estimate only and should only be used as a guide.

Note: Employees who have the option of a cash allowance or company car will pay tax on the higher of the benefit on the car or the cash allowance amount.