Company car tax
If you have a company car, you’ll have to pay tax on it called Benefit-In-Kind (BIK). The amount of tax you’ll pay depends on your earnings, the cost of the car and the amount of CO2 the car produces.
Considerations
So how does this all work?
From April 2002 a graduated system of tax was introduced that uses a vehicles CO2 emissions to determine the amount of company car tax an individual pays on a company supplied vehicle. A vehicle's CO2 emission level determines the percentage of the vehicle’s P11D value (List Price) that can be taxed. This means that vehicles with lower CO2 emissions will incur a lower tax liability. This is only applicable to passenger cars, Light Commercial Vehicles (LCV’s) work on a different calculation using a fixed value of £3,430 multiplied by the individuals tax rate.
Monthly £ amount paid by end user (2019-2020 tax year)***
Select a vehicle below to view its BIK rates
| ASX |
P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% | |
|---|---|---|---|---|---|---|
| Juro Petrol Manual 2WD | £19,000.00 | 155 | 35% | £110.83 | £221.67 | |
| Black Petrol Manual 2WD | £21,090.00 | 155 | 35% | £123.03 | £246.05 |
| Outlander PHEV | P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| Juro Petrol Hybrid Auto 4WD | £36,700.00 | 40 | 16% | £97.87 | £195.73 |
| Juro Petrol Hybrid Auto 4WD (Leather) | £37,700.00 | 40 | 16% | £100.53 | £201.07 |
| 4h Petrol Hybrid Auto 4WD (Leather) | £39,445.00 | 40 | 16% | £105.19 | £210.37 |
| 4hs Petrol Hybrid Auto 4WD (Leather) | £41,965.00 | 40 | 16% | £111.91 | £223.81 |
| 5h Petrol Hybrid Auto 4WD (Leather) | £43,880.00 | 40 | 16% | £117.01 | £234.03 |
| 5hs Petrol Hybrid Auto 4WD (Leather) | £46,005.00 | 40 | 16% | £122.68 | £245.36 |
| Outlander PHEV Commercial |
P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| Juro Commercial Petrol Hybrid Auto 4WD | £39,250.00 | 40 | £3,430.00 | £57.16 | £114.33 |
| Eclipse Cross | P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| 2 Petrol Manual 2WD | £21,345.00 | 154 | 34% | £120.96 | £241.91 |
| 3 Petrol Manual 2WD | £22,910.00 | 159 | 35% | £133.64 | £267.28 |
| 3 Petrol Auto 2WD | £24,235.00 | 165 | 37% | £149.45 | £298.90 |
| 4 Petrol Manual 2WD | £25,415.00 | 159 | 35% | £148.25 | £296.51 |
| 3 Petrol Auto 4WD | £25,790.00 | 175 | 37% | £159.04 | £318.08 |
| Black Petrol Manual 2WD | £26,720.00 | 159 | 35% | £155.87 | £311.73 |
| Black Connected Petrol Manual 2WD | £27,120.00 | 159 | 35% | £158.20 | £316.40 |
| 4 Petrol Auto 4WD | £28,425.00 | 175 | 37% | £175.29 | £350.58 |
| Black Petrol Auto 4WD | £29,730.00 | 175 | 37% | £183.34 | £366.67 |
| Black Connected Petrol Auto 4WD | £30,130.00 | 175 | 37% | £185.80 | £371.60 |
| L200 | P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| 4Life Single Cab Diesel Manual 4WD | £23,460.00 | 180 | £3,430.00 | £57.16 | £114.33 |
| 4Life Club Cab Diesel Manual 4WD | £24,960.00 | 180 | £3,430.00 | £57.16 | £114.33 |
| 4Life Double Cab Diesel Manual 4WD | £26,460.00 | 180 | £3,430.00 | £57.16 | £114.33 |
| Titan Double Cab Diesel Manual 4WD | £28,410.00 | 186 | £3,430.00 | £57.16 | £114.33 |
| Warrior Double Cab Diesel Manual 4WD (Leather) | £31,440.00 | 186 | £3,430.00 | £57.16 | £114.33 |
| Barbarian Double Cab Diesel Manual 4WD (Leather) | £32,790.00 | 186 | £3,430.00 | £57.16 | £114.33 |
| Warrior Double Cab Diesel Auto 4WD (Leather) | £33,120.00 | 196 | £3,430.00 | £57.16 | £114.33 |
| Barbarian Double Cab Diesel Auto 4WD (Leather) | £34,470.00 | 196 | £3,430.00 | £57.16 | £114.33 |
| Barbarian Black Double Cab Diesel Manual 4WD (Leather) | £36,234.00 | 186 | £3,430.00 | £57.16 | £114.33 |
| Barbarian Black Double Cab Diesel Auto 4WD (Leather) | £37,914.00 | 196 | £3,430.00 | £57.16 | £114.33 |
| Shogun Sport | P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| 3 Diesel Auto 4WD | £35,650.00 | 227 | 37% | £219.84 | £439.68 |
| 4 Diesel Auto 4WD | £37,650.00 | 227 | 37% | £232.18 | £464.35 |
| Shogun Sport Commercial | P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% |
|---|---|---|---|---|---|
| Commercial Diesel Auto 4WD | £38,638.80 | 227 | £3,430.00 | £57.16 | £114.33 |
| Outlander |
P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% | |
|---|---|---|---|---|---|---|
| Juro Petrol Auto 4WD | £27,335.00 | 171 | 37% | £168.57 | £337.13 | |
| 4 Petrol Auto 4WD (Leather) | £29,375.00 | 171 | 37% | £181.15 | £362.29 | |
| Black Petrol Auto 4WD | £30,675.00 | 171 | 37% | £189.16 | £378.33 |
| Mirage |
P11D Value | CO2 | BIK % | BIK Payable 20% | BIK Payable 40% | |
|---|---|---|---|---|---|---|
| 3 Petrol Manual | £11,095.00 | 107 | 25% | £46.23 | £92.46 | |
| 4 Petrol Manual | £13,135.00 | 111 | 26% | £56.92 | £113.84 | |
| 4 Petrol Auto | £13,800.00 | 114 | 26% | £59.80 | £119.60 |
* List Prices and BIK rates correct at time of publication - 9th April 2019
** Commercial Vehicle BIK assumes private use with no fuel benefit
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