Company Car Tax BIK Rates and Bands 2019/20

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 2019/20 to 2020/21

This company car tax table shows the BIK rate bands based on CO2 emissions. Be aware that the diesel non-RDE2 supplement is now 4% and is expected to still be applicable in 2020/21.

"Standard" rate includes all cars including petrol, electric and hybrids as well as diesel cars which meet Real Driving Emissions 2 (RDE2) standards.    The 4% supplement has been taken into account in the non-RDE2 diesel columns.

"Standard" rate includes all cars including petrol, electric and hybrids as well as diesel cars which meet Real Driving Emissions 2 (RDE2) standards.

The 4% supplement has been taken into account in the non-RDE2 diesel columns.

*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.