Fleet FAQ

Q:

What are the current benefit-in-kind (BIK) company car tax bands?

A:

UK company car tax bands: 2022 - 2028

The tables below shows future BIK tax bands (also known as company car tax) based on CO2 emissions of your vehicle.

You can use this data to calculate the company car tax rate that will apply to your vehicle. Click here for more advice on how to calculate your company car tax.

The BIK bands are set by HMRC and are based on a vehicle's CO2 emissions. A rate applies to electric or alternative fuel cars that emit zero CO2 emissions.

If you drive a hybrid car that emits less than 50g/km, the rate is based on the zero-emissions range. This is the distance the car can go on electric power before its batteries need recharging.

To check the zero-emission range for plug-in hybrids, click here.

The Government announced in the 2022 Autumn Statement company car tax rates until April 2028.

The rates for the current tax year are highlighted in bold, below.

(If viewing on a smart phone turn to side to view tables)

These rates apply to vehicles registered after April 6, 2021.

CO2 (g/km)

Electric range (miles)

2022-23 (%)

2023/24 (%)

2024/25 (%)

2025/26 (%)

2026/27 (%)

2027/28 (%)

0

N/A

2

2

2

3

4

5

1-50

>130

2

2

2

3

4

5

1-50

70-129

5

5

5

6

7

8

1-50

40-69

8

8

8

9

10

11

1-50

30-39

12

12

12

13

14

15

1-50

<30

14

14

14

15

16

17

51-54

 

15

15

15

16

17

18

55-59

 

16

16

16

17

18

19

60-64

 

17

17

17

18

19

20

65-69

 

18

18

18

19

20

21

70-74

 

19

19

19

20

21

21

75-79

 

20

20

20

21

21

21

80-84

 

21

21

21

22

22

22

85-89

 

22

22

22

23

23

23

90-94

 

23

23

23

24

24

24

95-99

 

24

24

24

25

25

25

100-104

 

25

25

25

26

26

26

105-109

 

26

26

26

27

27

27

110-114

 

27

27

27

28

28

28

115-119

 

28

28

28

29

29

29

120-124

 

29

29

29

30

30

30

125-129

 

30

30

30

31

31

31

130-134

 

31

31

31

32

32

32

135-139

 

32

32

32

33

33

33

140-144

 

33

33

33

34

34

34

145-149

 

34

34

34

35

35

35

150-154

 

35

35

35

36

36

36

155-159

 

36

36

36

37

37

37

160-164

 

37

37

37

37

37

37

165-169

 

37

37

37

37

37

37

170+

 

37

37

37

37

37

37

 

A 4% surcharge applies to diesel vehicles not meeting the RDE2 standard.

If you have a company van, different rates apply. You can use our Van Tax Calculator to work out the costs.

> MORE: Government warned against raising BIK to claw back lost revenue

> MORE: news and insight into benefit-in-kind