Company Car Tax Calculator

Estimate company car Benefit in Kind tax from the car value and tax rates.

Taxable benefit

£11,100.00

Estimated annual tax
£2,220.00
Monthly equivalent
£185.00

For 2026/27. Enter the appropriate percentage from the vehicle's HMRC company-car table; zero-emission cars are 4% and the maximum is 37%. This estimate excludes employee capital contributions.

v1.0 · Reviewed September 2026

How this is worked out

The taxable benefit is the car's list price × the appropriate percentage for that vehicle, capped at 37%. The tax is that benefit × your income tax rate.

Worked example

  • List price £30,000
  • Appropriate percentage 37%
  • Tax rate 20%

30,000 × 37% = £11,100 benefit, and 11,100 × 20%

£11,100.00 taxable benefit, costing £2,220.00 a year in tax

Assumptions and limits

  • You supply the appropriate percentage for the car, which depends on its CO2 emissions and electric range. Zero emission cars are 4% and the maximum is 37%.
  • List price should be the P11D value including delivery and accessories.
  • Capital contributions, private fuel benefit and part-year availability are not included.

Sources

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