HMRC BiK Rates 20263% EV RateP11D Calculator
Company Car BiK Tax Calculator 2026
Calculate monthly Benefit-in-Kind (BiK) company car tax comparing Pure Electric (3% BiK), Plug-in Hybrid (5% BiK), and Petrol vehicles.
Company Car Tax Estimator
Compute monthly PAYE tax deduction based on P11D list price and fuel type
£
BiK Company Car Tax Result:
BiK Percentage Rate
3%
HMRC BiK BandMonthly Tax Deduction
£45/mo
Net Take-Home ReductionAnnual Tax Total
£540/yr
P11D Value TaxHMRC BiK Rate Comparison Table (2025/2026)
BiK tax rates are determined by official CO2 emissions and electric-only driving range.
| Vehicle Fuel Type | CO2 Emissions (g/km) | 2025/2026 BiK % | Annual Tax (£45k P11D @ 40%) |
|---|---|---|---|
| Pure Electric (BEV) | 0 g/km | 3% BiK | £540 / year (£45/mo) |
| Plug-in Hybrid (130+ miles) | 1 - 50 g/km | 5% BiK | £900 / year (£75/mo) |
| Plug-in Hybrid (40 - 69 miles) | 1 - 50 g/km | 8% BiK | £1,440 / year (£120/mo) |
| Standard Petrol / Diesel | 170+ g/km | 37% Max BiK | £6,660 / year (£555/mo) |
EV Salary Sacrifice & Charging Benefits
Tax-Free Workplace Charging
Employers can provide free EV charging at work premises completely tax-free without triggering additional BiK tax.
Salary Sacrifice Savings
Leasing an EV via salary sacrifice saves Income Tax and National Insurance on the monthly car payments.
Frequently Asked Questions (FAQs)
Pure electric vehicles (BEVs) have a 3% Benefit-in-Kind (BiK) tax rate in the 2025/2026 tax year, making them significantly cheaper to drive as company cars compared to petrol/diesel vehicles (up to 37% BiK).
Company Car Tax is calculated as: Vehicle P11D List Price x BiK Percentage Rate x Your Income Tax Rate Band (20% or 40%).
Yes. Charging a company electric vehicle or personal EV at an employer's workplace charging point is exempt from Benefit-in-Kind tax.
Plug-in hybrids (PHEVs) with zero-emission electric range over 130 miles have a 5% BiK tax rate. Hybrids with lower electric ranges attract higher BiK rates (between 8% and 14%).
The P11D value is the official manufacturer list price of the car including delivery and factory-fitted options, plus VAT, but excluding first-year DVLA registration fees and road tax.