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FAQS

What are the Current Company Car Benefit in Kind Percentages of P11D Values?

Company car BIK tax is based on a car’s P11D price and emissions of CO2.

In 2021/22, cars with zero CO2 emissions when driving (fully battery electric) are liable for BIK tax based on 1% of the P11D value, regardless of the car’s registration date.  In April 2022, this will increase to 2% but this, as well as all other emissions bands (including plug–in hybrids, petrol and diesel cars), will be unchanged until 31 March 2025.

For cars with CO2 emissions of between 1 and 50g/km (mostly plug–in hybrids), the number of miles the car can be driven with zero emissions of CO2 has a significant bearing on tax liabilities.

For cars with CO2 emissions of 51–165+, the BIK percentage is incremental, up to 37% in the highest band. 

The full BIK percentage table by emissions band for 2021–2025 is shown below:


 WLTP CO2 Emissions
        (g/km)
 Zero Emissions Range
 (miles when driving)
  BIK % 
2021/22
       BIK %
Apr 22 – Mar 25*
         
        0
            
         All
   
  1 (5)
      
     2 (6) 
      1-50
       Over 130
  1 (5)
     2 (6) 
      1-50
        70-129
  4 (8) 
     5 (9) 
      1-50
         40-69
  7 (11) 
     8 (12) 
      1-50
         30-39
 11 (15) 
    12 (16) 
      1-50
       Up to 30
 13 (17) 
    14 (18) 
      51-54
         N/A
 14 (18) 
    15 (19) 
      55-59
         N/A
 15 (19) 
    16 (20) 
      60-64
         N/A
 16 (20) 
    17 (21) 
      65-69
         N/A
 17 (21) 
    18 (22) 
      70-74
         N/A
 18 (22) 
    19 (23)
      75-79
         N/A
 19 (23) 
    20 (24) 
      80-84
         N/A
 20 (24) 
    21 (25) 
      85-89
         N/A
 21 (25) 
    22 (26) 
      90-94
         N/A
 22 (26) 
    23 (27) 
      95-99
         N/A
 23 (27) 
    24 (28) 
     100-104
         N/A
 24 (28) 
    25 (29) 
     105-109
         N/A
 25 (29) 
    26 (30) 
     110-114
         N/A
 26 (30) 
    27 (31) 
     115-119
         N/A
 27 (31) 
    28 (32) 
     120-124
         N/A
 28 (32) 
    29 (33) 
     125-129
         N/A
 29 (33) 
    30 (34) 
     130-134 
         N/A
 30 (34) 
    31 (35) 
     135-139
         N/A
 31 (35) 
    32 (36) 
     140-144
         N/A
 32 (36) 
    33 (37) 
     145-149
         N/A
 33 (37) 
    34 (37) 
     150-154
         N/A
 34 (37) 
    35 (37) 
     155-159
         N/A
 35 (37) 
    36 (37) 
     160-164
         N/A
 36 (37) 
    37 (37) 
      165+
         N/A
 37 (37) 
    37 (37) 
 

 

* 2022/23 rates will be held until 31 March 2025.

Figures in brackets apply to diesels.  Diesel hybrids and diesel cars that meet the Real Driving Emissions Step 2 (RDEC) standard are exempt from the diesel car tax charge.

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