Company car tax calculator
What a company car costs you in tax a month in the current tax year, worked out from the CO2 table.
Your estimate
This estimate covers the income tax on the company car you enter. Take-home pay is salary after income tax and employee National Insurance (NI). Pension contributions, student loan repayments and other deductions are not included.
Enter your details above to see your estimate.
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How your annual company car tax is worked out
The car’s taxable value is added to your salary. The difference between income tax with and without the car is the tax on the benefit. Monthly figures are the tax-year totals divided by 12, including for part-year availability.
| Step | Without the car | With the car |
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How company car tax works
A company car you can use privately is a benefit in kind. Its taxable value, the cash equivalent, is the car's P11D value times an appropriate percentage that HMRC publishes each tax year, set by the car's CO2 emissions and, for low-emission cars, its electric range. The percentages run from for a fully electric car up to a maximum of . The cash equivalent is added to your income to work out the extra income tax, with no employee National Insurance on the benefit. If the car was only available for part of the year, the value is reduced in proportion.
This page does not support diesel cars, employer-provided fuel for private use, or payments you make towards the car or its private use. If any of these apply, the result will not show your full position. Check with your employer.
Your employer pays Class 1A National Insurance on the benefit, which is not included here. For an electric car offered through salary sacrifice, the Electric car salary sacrifice calculator puts the tax on the benefit together with the tax and NI saved on the lease.