Company Car Tax Calculator
Pick a car and a replacement cycle and the tool works out what the driver pays in benefit-in-kind tax at 20%, 40% and 45%, and what the car costs the business over the term — VED, Class 1A NIC and running cost per mile. Fill in both columns to put two vehicles side by side.
Members only
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What it covers
Benefit-in-kind tax at 20%, 40% and 45% for the employee, and for the employer the first-year and subsequent VED, Class 1A NIC and total running cost over the term, broken down per mile.
P11D value
The list price of the vehicle including VAT and, where they apply, delivery charges. It is the figure HMRC bases the benefit-in-kind charge on, not what you paid for the car.
Residual values
Estimated from Clear Vehicle Data and intended as a guide only. Real disposal values move with the used market, mileage and condition.
Vehicle data supplied by Clear Vehicle Data.