Company Car Tax Calculator 2026/27

Calculate the annual Benefit in Kind tax on a company car — for both the employee (income tax on BIK) and employer (Class 1A NI). Covers electric, hybrid, petrol and diesel with 2026/27 BIK percentage tables.

Company Car Details
Enter car and driver details to calculate BIK tax
£
£
CO2 band101–130 g/km (average)
BIK percentage31%
BIK Tax Summary

£1,860.00

Employee tax (annual)

£1,395.00

Employer Class 1A NI

Per month

£155.00 employee · £116.25 employer

BIK Percentage

31%

petrol / 120 g/km

BIK Value (P11D × %)

£9,300.00

£30,000.00 × 31%

Taxable Value

£9,300.00

No employee contribution

Total Annual Cost

£3,255.00

Employee tax + employer NI

How It's Calculated
List price (P11D)£30,000.00
× BIK percentage31%
= BIK value£9,300.00

Employee tax (20%)£1,860.00
Employer Class 1A NI (15%)£1,395.00
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Company Car Tax (Benefit in Kind) Explained

When an employer provides a company car that can be used for private journeys, it is treated as a taxable benefit. The employee pays income tax on the Benefit in Kind value, and the employer pays Class 1A National Insurance.

BIK Rates 2026/27 — Electric vs Petrol vs Diesel

Vehicle TypeCO2 (g/km)BIK % 2026/27
Pure electric03%
PHEV (130+ mile range)1–506%
PHEV (70–129 miles)1–508%
PHEV (40–69 miles)1–5012%
Petrol (efficient)75–9922–26%
Petrol (average)100–13027–33%
Diesel (average)100–13031–37%
High emission150+37%

Electric Company Cars: The Tax Advantage

The 3% BIK rate on electric vehicles makes them the most tax-efficient company car choice by far. Combined with a salary sacrifice EV scheme, employees can access brand-new electric vehicles at dramatically reduced net cost.

P11D Filing and Class 1A NI Deadlines

Employers must submit P11D forms by 6 July after the end of the tax year, and pay Class 1A NI by 19 July (22 July if paying electronically). Failure to file on time incurs penalties of £100 per 50 employees per month.

Frequently Asked Questions

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