Company Car Tax Calculation

BMW 3 Series Saloon 330e M Sport Sport-Auto

A company car driver can expect to pay vehicle benefit tax If the company pays for the use of fuel on private journeys, tax on fuel benefit will also be applied.

Vehicle benefit tax

Tax year to 5th April2021/222022/232023/24
P11D value£42,080£42,080£42,080
Percentage charge11%12%12%
Benefit in kind£4,629£5,050£5,050
Tax payable at 20%£926£1,010£1,010
Tax payable at 40%£1,852£2,020£2,020

Fuel benefit tax

Tax year to 5th April2021/222022/23
P11D value£24,600£24,600
Percentage charge11%12%
Benefit in kind£2,706£2,952
Tax payable at 20%£541£590
Tax payable at 40%£1,082£1,181

View effect on net pay

What will my income tax be with a company car? How will a company car affect my net pay?

What are your earnings and contributions?

Earnings

Contributions

Additional tax arising from use of the vehicle (£)

Loading...per month
Loading...per year
Tax Breakdown
Rotate your phone to view breakdowns
Loading breakdown...
Loading totals...
Assumptions used

Tax Components

On the road price including options£42,135
First-year VED£ 0
Manufacturers price date06-Apr-2021
Value for P11D excluding options£42,080
Taxable accessories£ 0
Non-taxable items £ 55
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter A
Euro standard 6d
Electric battery range 37miles

The base data has been taken from the manufacturer and applied to the latest tax information. Errors or changes could arise. Send a Calculation Enquiry if there is something you don't understand or think might be incorrect. Please see the full Terms and Conditions.

Vehicle Details

CO2 emission 31 gpkm
Maximum CO2 36 gpkm
Green label
Corporation tax 18% WDA
Fuel typeplug-in hybrid
NCAP safety rating
Number of seats5
Bodystylesaloon
Transmissionautomatic
Fuel consumption (mpg) mpg55.4 to 60.9
Weighted Combined Fuel consumption (mpg) mpg201.8
Number of doors4
Acceleration 0 to 625.9s
Maximum speed143.0mph
Insurance group33