Car Lease Calculator
Looking for car lease calculator to help you calculate the 'benefit in kind' value of a company car being used for private use? There are many car tax calculators that will calculate this for you, along with any applicable car fuel benefit. We have listed below four of the best calculators.
HM Revenue & Customs company car tax calculator
HM Revenue & Customs has an excellent company car and car fuel benefit calculator that allows you to
- calculate the 'benefit in kind' value of a company car and any applicable car fuel benefit
- estimate the income tax payable for the provision of the company car and car fuel benefit
The calculator can be used for the years 2002 / 2003 through to 2007 / 2008 inclusive. Information on the changes to the car benefit rules for 2006 / 2007 can also be found on the HMRC site.
HMRC company car and car fuel calculator >>
AA car tax calculator
The AA also have a very useful tool that will tell you how much company car tax you will need to pay over the course of a year. You will need to have the following details to hand
- list price of the car
- value of options
- CO2 emissions value
- European emissions standard
- your personal tax rate
- monthly contributions
- personal capital contribution
- mileage details
AA car tax calculator >>
Sainsbury's Bank car tax calculator
There is a very quick and easy to use calculator where you simply choose the make, model and edition of your vehicle and the calculator will enter the necessary details for you and return the tax details.
Sainsbury's Bank car tax calculator >>
What Car? Company Car Tax Calculator
Another superb calculator with a simple interface that auto-completes most of the information for you through easy-to-use drop down menus.
What Car? Company Car Tax Calculator >>
There are many car lease calculators to be found on the internet, these are the most popular and are highly recommended.