Company Car Tax Calculation

Renault Clio TCe R.S. Line 90

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 April2022/232023/242024/25
P11D value£20,750£20,750£20,750
Percentage charge29%29%29%
Benefit in kind£6,018£6,018£6,018
Tax payable at basic rate£1,204@20%£1,204@20%£1,143@19%
Tax payable at 40%£2,407£2,407£2,407

Fuel benefit tax

Tax year to 5th April2022/232023/24
P11D value£25,300£25,300
Percentage charge29%29%
Benefit in kind£7,337£7,337
Tax payable at basic rate£1,467@20%£1,467@20%
Tax payable at 40%£2,935£2,935

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 (£)

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Tax Breakdown
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Assumptions used

Tax Components

On the road price including options£20,995
First-year VED£190
Manufacturers price date17-Jun-2022
Value for P11D excluding options£20,750
Taxable accessories£ 0
Non-taxable items £245
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter A
Euro standard 6d
Electric battery range 0miles

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 120 g/km
Maximum CO2 120 g/km
Green label

G

Corporation tax 6% WDA
Fuel typepetrol
NCAP safety rating
Number of seats5
Bodystylehatchback
Transmissionmanual
Fuel consumption (mpg) mpg53.3 to 53.3
Number of doors5
Acceleration 0 to 6212.2s
Maximum speed112.0mph
Insurance group10