Understanding The Results
The calculator displays the vehicle P11D value, Benefit-In-Kind (BIK), annual company car tax, fuel benefit where applicable and employer National Insurance contributions.
For a detailed explanation of company car tax, P11D values, Benefit-In-Kind (BIK), fuel benefit and employer National Insurance, click the button above.
P11D Value
The P11D value is the taxable value of the company car used to calculate the Benefit-In-Kind (BIK). It is normally based on the manufacturer's list price plus delivery charges and certain accessories.
Benefit-In-Kind (BIK)
The Benefit-In-Kind (BIK) is the taxable benefit of having a company car available for private use. The BIK percentage depends on the vehicle's emissions, fuel type and electric range where relevant.
Company Car Tax
Company car tax is the income tax due on the Benefit-In-Kind (BIK). The amount payable depends on the employee's personal tax rate.
Fuel Benefit
If your employer provides fuel for private journeys, an additional taxable fuel benefit may apply. The calculator shows the fuel benefit and the associated tax where relevant.
Employer National Insurance
Employers normally pay Class 1A National Insurance Contributions on company car benefits and fuel benefits. The calculator shows the estimated employer cost.
Important Notes
Calculations are based on the standard vehicle specification held within the DriveSmart database.
If your company car includes factory options or accessories, the P11D value may be higher than the standard vehicle shown here.
Hybrid vehicle benefit calculations may change from April 2028 as emissions values are updated under European legislation.
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