FUNDING OPTIONS     COMPANY CAR TAX RECKONER                     go back to info page

Benefit in kind (BiK) tax based on Co2 emissions and list price.
BiK tax charged on a company car is based on a percentage of its list price (p11d value) calculated as follows:

 Find CO2 emission rating (measured in gm/km). CO2 figure is recorded on a vehicle registration document for cars registered after November 2000.

 Round the down to the nearest 5gm/km.

 Refer to the table below, using rounded down figure to find the % figure to be apply. Minimum is 10% (for cars of 120g CO2 per km, to be modified in 2012) maximum is 35% Diesel cars attract supplement of 3% capped at 35%.

 Taxable benefit is the p11d value of the car when new multiplied by % figure from the table. List price/ p11d is price capped at £80,000.










CO2 g/km 2008-9 % Rates 2009-10 % Rates 2010-11 % Rates 2011-12 % Rates
Petrol Diesel Petrol Diesel Petrol Diesel Petrol Diesel
Less than 125 10 13 15 18 15 18 15 18
126-129 10 13 15 18 15 18 15 18
130-134 10 13 15 18 15 18 16 19
135-139 15 18 15 18 16 19 17 20
140-144 16 19 16 19 17 20 18 21
145-149 17 20 17 20 18 21 19 22
150-154 18 21 18 21 19 22 20 23
155-159 19 22 19 22 20 23 21 24
160-164 20 23 20 23 21 24 22 25
165-169 21 24 21 24 22 25 23 27
170-174 22 25 22 25 23 26 24 27
175-179 23 26 23 26 24 27 25 28
180-184 24 27 24 27 25 28 26 29
185-189 25 28 25 28 26 29 27 30
190-194 26 29 26 29 27 30 28 31
195-199 27 30 27 30 28 31 29 32
200-204 28 31 28 31 29 32 30 33
205-209 29 32 29 32 30 33 31 34
210-214 30 33 30 33 31 34 32 35
215-219 31 34 31 34 32 35 33 35
220-224 32 35 32 35 33 35 34 35
225-229 33 35 33 35 34 35 35 35
230-234 34 35 34 35 35 35 35 35
235 and over 35 35 35 35 35 35 35 35