UK Company Car Benefit-in-Kind Tax Calculator 2024/25

Calculate Benefit-in-Kind (BIK) tax on company cars. BIK value = P11D value × CO2 % (2–37%). Tax paid = BIK value × income tax rate. EV rates from 2%

Each component has a specific meaning:

• 2% — The 2% recorded for the scenario being assessed.

Note: Interpret the uk company car bik tax result against the thresholds and context described above.

Enter the 2% for the scenario you are assessing. Calculate Benefit-in-Kind (BIK) tax on company cars. BIK value = P11D value × CO2 % (2–37%). Tax paid = BIK value × income tax rate. EV rates from 2%. Use the uk company car bik tax result to inform your calculation.