Company Car Tax Rates–Benefit In Kind (BIK)

The following table details the company car tax Benefit In Kind tax bands, based on a car’s CO2 emissions through to the end of the 2017 financial year.

To use this table you need:

  • Your P11D value (the list price of your car)
  • Know the CO2 emissions of your car
  • Your income tax rate (Basic Rate: 20%, Higher Rate: 40%)

Example One (tax year 13/14):

A £25,000 diesel car which emits 119g/km, and a driver that pays the higher rate income tax.

  • P11D value = 25,000
  • BIK = 18%
  • Income Tax = 40%
  • Therefore, (25,000 x 18%) x 40% = £1,800

This is the amount the motorist will pay a year for driving of the car, or £150 per month.

Example Two (tax year 13/14):

A £19,000 petrol hybrid car which emits 87g/km, and a driver that pays the basic rate of income tax.

  • P11D value = 19,000
  • BIK = 10%
  • Income Tax = 20%
  • Therefore, (19,000 x 10%) x 20% = £380

This is the amount the motorist will pay for a year for driving the car, or £31.66 per month.

 

Benefit in Kind Rates:

  2014/15
BIK%
2015/16
BIK%
2016/17
BIK%
2017/18
BIK%
2018/19
BIK%
2019/20
BIK%
CO2
g/km
Petrol Diesel Petrol Diesel All All All All
0(EV) 0 0 5 5 7 9 13 16
1-50 5 8 5 8 7 9 13 16
51-75 5 8 9 12 11 13 16 19
76-94 11 14 13 16 15 17 19 22
95-99 12 15 14 17 16 18 20 23
100-104 13 16 15 18 17 19 21 24
105-109 14 17 16 19 18 20 22 25
110-114 15 18 17 20 19 21 23 26
115-119 16 19 18 21 20 22 24 27
120-124 17 20 19 22 21 23 25 28
125-129 18 21 20 23 22 24 26 29
130-134 19 22 21 24 23 25 27 30
135-139 20 23 22 25 24 26 28 31
140-144 21 24 23 26 25 27 29 32
145-149 22 25 24 27 26 28 30 33
150-154 23 26 25 28 27 29 31 34
155-159 24 27 26 29 28 30 32 35
160-164 25 28 27 30 29 31 33 36
165-169 26 29 28 31 30 32 34 37
170-174 27 30 29 32 31 33 35 37
175-179 28 31 30 33 32 34 36 37
180-184 29 32 31 34 33 35 37 37
185-189 30 33 32 35 34 36 37 37
190-194 31 34 33 36 35 37 37 37
195-199 32 35 34 37 36 37 37 37
200-204 33 35 35 37 37 37 37 37
205-209 34 35 36 37 37 37 37 37
210-214 35 35 37 37 37 37 37 37
215-219 35 35 37 37 37 37 37 37
220+ 35 35 37 37 37 37 37 37
For diesel hybrid powered cars the 3% diesel surcharge does not apply, use petrol figures
From April 2016, the Government plans to remove the 3 percentage diesel supplement so that diesel cars will be subject to the same level of tax as petrol cars.
For vehicles that were registered before 1st January 1998, there is no reliable source of CO2 emissions data. If such vehicles are to be used as company cars, they are taxed according to engine size: Up to 1400cc, BIK 15%; 1401-2000cc, BIK 22%; Over 2000cc, BIK 32%.