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New company car tax tables help you determine the benefit-in-kind tax you will be paying on your next company car
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fleet-alliance2IF YOU are choosing your next company car you need to know what company car tax banding it will be in, since this will determine the level of company car tax that you will pay. This is known as benefit-in-kind, often shortened to BIK. Our company car tax tables can help you.

The company car tax table shows the CO2 emission bands on the left hand side columns.

A pure electric propulsion car has zero emissions but it’s not exempt – the tables start at 0g/km CO2 emissions so it’s 9% in 2017/18.

You can then read across to see the benefit in kind tax percentages that will be applied to the P11D value of your company car for each taxation year.

To use the company car tax table you need

  • The CO2 emissions of your chosen company car
  • The P11D value of your company car. This is the list price of the car including the cost of any options that you have added, as well as accessories over the value of £100 but excluding the first registration fee and vehicle excise duty.
  • The type of fuel that your company car runs – because cars that run solely on diesel are subject to a 3% company car tax surcharge in 2017/18, increased to 4% from April 2018 by Chancellor Philip Hammond in the 2017 Autumn Budget unless they meet emission standard Real Driving Emissions Step 2 (RDE2) that will be a higher standard than Euro 6.
  • Diesels meeting emission standard RDE2 are exempt from the diesel surcharge.
  • But although RDE1 was introduced in September 2017, Driving Emissions, stage 2, isn’t due until at least 2020 which means that even if the cars meet the standard we won’t know because certification is not possible until 2020. And so until then every new diesel and every driver of a new diesel will be charged extra tax.
  • The diesel surcharge does not apply to diesel hybrids.

To work out your company car tax

  • Multiply the company car tax band percentage rate by your car’s P11D value to give you your benefit in kind
  • Then multiply that figure by your marginal rate of tax: 20% or 40%.
  • Should the CO2 emissions of your company car fall between CO2 bandings, simply round the number down to work out the company car tax band that applies.
  • For example, a diesel company car with CO2 emissions of 98g/km would be subject to a 21% company car tax banding in the 2017/18 tax year.

Our company car tax tables are below.

Company car tax tables

Taxable percentage of P11D value
Vehicle
CO2
g/km
2017-18
% BIK Rate
2018-19
% BIK Rate
2019-20
% BIK Rate
Petrol Diesel Petrol & diesel RDE2
Diesel non RDE2
Petrol  & diesel RDE2
Diesel non RDE2
0-50 9 12 13 17 16 20
51-75 13 16 16 20 18 22
76-94 17 20 19 23 21 25
95-99 18 21 20 24 23 27
100-104 19 22 21 25 24 28
105-109 20 23 22 26 25 29
110-114 21 24 23 27 26 30
115-119 22 25 24 28 27 31
120-124 23 26 25 29 28 32
125-129 24 27 26 30 29 33
130-134 25 28 27 31 30 34
135-139 26 29 28 32 31 35
140-144 27 30 29 33 32 36
145-149 28 31 30 34 33 37
150-154 29 32 31 35 34 37
155-159 30 33 32 36 35 37
160-164 31 34 33 37 36 37
165-169 32 35 34 37 37 37
170-174 33 36 35 37 37 37
175-179 34 37 36 37 37 37
180-184 35 37 37 37 37 37
185-189 37 37 37 37 37 37
190-194 37 37 37 37 37 37
195-199 37 37 37 37 37 37
200-204 37 37 37 37 37 37
205-209 37 37 37 37 37 37
210-214 37 37 37 37 37 37
215-219 37 37 37 37 37 37
220 or above 37 37 37 37 37 37

Changes in company car tax that you should know about

  • Zero emission cars, for several years exempt, are now subject to 9% benefit-in-kind tax, rising to 16% in 2019/20.
  • Ultra low emission cars have two bands: 0-50g/km (9%, diesels 12%) and 51-75g/km (13%, diesels 16%). These rise to 16% for 0-50g/km and 19% for 51-75g/km cars by 2019/20.
  • Diesel hybrids are not subject to the 3% diesel surcharge that applies only to cars that run solely on diesel
  • From 2017/18 a four percentage point differential separates the 0-50g/km and 51-75g/km CO2 bands and the 51-75g/km and 76-94g/km CO2 bands, reducing to a three percentage point differential in 2018/19 and 2019/20.

Company car tax bands 2020/21

  • Click here for new 2020/21 table favouring ultra low emission vehicles (ULEVs)

What if my company car doesn’t have a CO2 figure?

You need to apply the following company car tax table which is based on engine size

  • 0-1400cc: 15% (petrol, gas and conversions); 18% diesel
  • 1401-2000cc: 25% (petrol, gas and conversions); 28% diesel
  • Over 2000cc: 35% (petrol, gas and conversions); 35% diesel

Do you have a car leasing question?
Feel free to ask us your question

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