Company Car Tax Calculation

Hyundai TUCSON 1.6 TGDi SE Connect 230PS Hybrid DCT

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. Use our fuel benefit check tool to give you an indication of what this would look like.

Vehicle benefit tax

Tax year to 5th April2023/242024/252025/26
P11D value£34,685£34,685£34,685
Percentage charge30%30%31%
Benefit in kind£10,406£10,406£10,752
Tax payable at basic rate£2,081@20%£2,081@20%£2,150@20%
Tax payable at 40%£4,162£4,162£4,301

Fuel benefit tax

Tax year to 5th April2023/242024/25
P11D value£27,800£27,800
Percentage charge30%30%
Benefit in kind£8,340£8,340
Tax payable at basic rate£1,668@20%£1,668@20%
Tax payable at 40%£3,336£3,336

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?



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£34,940
First-year VED£200
Manufacturers price date01-Aug-2023
Value for P11D excluding options£34,685
Taxable accessories£ 0
Non-taxable items £255
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 127 g/km
Maximum CO2 127 g/km
Green label


Corporation tax 6% WDA
Fuel typehybrid - petrol/electric
NCAP safety rating
Number of seats5
Fuel consumption (mpg) mpg49.6 to 49.6
Weighted Combined Fuel consumption (mpg) mpg
Number of doors5
Acceleration 0 to 60 mph8.0s
Maximum speed120.0mph
Insurance group18