Company Car Tax BIK Rates and Bands

Every company car has a BIK percentage band based on its CO2 emissions.

To calculate your company car tax, multiply your car’s P11D value* by the BIK rate percentage (see below), then multiply that figure by your tax band i.e. 20% or 40%.

 
Company car tax bik rates table 2016 to 2019
 

Company Car Tax Benefit in Kind (BIK) Rates Table 2016/17 to 2020/21

This company car tax table shows the BIK rate bands based on CO2 emissions. Be aware that the diesel supplement which was due to be scrapped in 2016/17 will now be applicable until 2020/21.

[please click on the table for a larger image]

"Standard" rate includes all non-diesel cars including petrol, electric vehicles and hybrids.
The 3% diesel supplement has been taken into account in the diesel columns. It applies to cars run solely on diesel fuel up to a maximum of 37%.

*What is a P11D value? A P11D value is the list price of your company car plus any extras and VAT but it excludes the first year registration fee and vehicle tax. Still unsure? Give our friendly team a call on 0345 369 7100 and we'll talk you though it.