Company Car Tax Calculation

Tesla New Model 3 Long Range AWD 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 April2024/252025/262026/27
P11D value£49,935£49,935£49,935
Percentage charge2%3%4%
Benefit in kind£999£1,498£1,997
Tax payable at basic rate£200@20%£300@20%£399@20%
Tax payable at 40%£399£599£799

Fuel benefit tax

Tax year to 5th April2024/252025/26
P11D value£ 0£ 0
Percentage charge2%3%
Benefit in kind£ 0£ 0
Tax payable at basic rate£ 0@20%£ 0@20%
Tax payable at 40%£ 0£ 0

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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£49,990
First-year VED£ 0
Manufacturers price date01-Jun-2024
Value for P11D excluding options£49,935
Taxable accessories£ 0
Non-taxable items £ 55
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter E
Euro standard
Electric battery range 390miles

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 0 g/km
Maximum CO2 0 g/km
Green label


Corporation tax 100% FYA
Fuel typeelectric
NCAP safety rating
Number of seats5
Fuel consumption (mpg) mpg– to 0.0
Number of doors4
Acceleration 0 to 60 mph4.2s
Maximum speed125.0mph
Insurance group50