📋 How Company Car Tax is Calculated (2025-2026)
Benefit in Kind (BiK) Value = Car List Price × BiK Percentage
BiK Percentage = Based on CO₂ emissions (2% for zero emission, increasing by 1% per 5g/km CO₂)
Annual Tax = BiK Value × Income Tax Rate
Fuel Benefit = £28,200 × BiK Percentage (if private fuel provided)
💡 2025-2026 Rates: Electric cars: 2% BiK | 1-50g/km: 2-14% | 51-54g/km: 15% | +1% per 5g/km up to 37% max
⚠️ Important: This calculator provides an estimate. Actual tax may vary based on individual circumstances and HMRC rules.
💡 Enter your car details and click Calculate to see your company car tax liability.