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Company Car Tax

If you have a company car, you’ll have to pay tax on it called Benefit-In-Kind (BIK). The amount of tax you’ll pay depends on your earnings, the cost of the car and the amount of CO2 the car produces.

CONSIDERATIONS

So how does this all work?

From April 2002 a graduated system of tax was introduced that uses a vehicles CO2 emissions to determine the amount of company car tax an individual pays on a company supplied vehicle. A vehicle's CO2 emission level determines the percentage of the vehicle’s P11D value (List Price) that can be taxed. This means that vehicles with lower CO2 emissions will incur a lower tax liability. This is only applicable to passenger cars, Light Commercial Vehicles (LCV’s) work on a different calculation using a fixed value of £3,490 multiplied by the individuals tax rate.

Monthly £ amount paid by end user (2020-2021 tax year)***

Select a L200 model below to view its BIK rates

L200 Models
P11D Value
NEDC
CO2
BIK %
Monthly BIK
Payable 20%
Monthly BIK
Payable 40%
Club Cab 4Life Diesel Manual 4WD
£25,704.00
198
£3,490.00
£58.16
£116.33
Double Cab 4Life Diesel Manual 4WD
£27,150.00
198
£3,490.00
£58.16
£116.33
Trojan Double Cab Diesel Manual 4WD
£29,260.00
199
£3,490.00
£58.16
£116.33
Trojan Double Cab Diesel Auto 4WD
£30,964.80
206
£3,490.00
£58.16
£116.33
Double Cab Warrior Diesel Manual 4WD
£31,626.00
200
£3,490.00
£58.16
£116.33
Double Cab Warrior Diesel Manual 4WD (Leather)
£33,072.00
200
£3,490.00
£58.16
£116.33
Double Cab Warrior Diesel Auto 4WD
£33,330.00
206
£3,490.00
£58.16
£116.33
Double Cab Warrior Diesel Auto 4WD (Leather)
£34,776.00
206
£3,490.00
£58.16
£116.33
Barbarian Double Cab Diesel Manual 4WD (Leather)
£35,136.00
200
£3,490.00
£58.16
£116.33
Barbarian Double Cab Diesel Auto 4WD (Leather)
£36,840.00
206
£3,490.00
£58.16
£116.33
Double Cab Barbarian X Diesel Auto 4WD (Leather)
£38,652.00
200
£3,490.00
£58.16
£116.33

How does Company Car Tax work?

For passenger cars Company Car tax (or BIK tax) is calculated using the CO2 emissions figure each vehicle outputs. Your vehicles emission figure will fall into a BIK band which is associated with a percentage. This percentage is applied to the P11D value (list price) of your vehicle, giving you a maximum taxable amount. Your individual tax rate is then applied to the maximum taxable amount to give you the BIK tax you pay on your vehicle per year.

For Diesel vehicles that do not qualify for the new RDE2 certification, an additional 4% is added to the BIK % up to 37%

Visit Gov.uk for more information on Company Car Tax bands.

For Diesel vehicles that do not qualify for the new RDE2 certification, an additional 4% is added to the BIK % up to 37%

* List Prices and BIK rates correct at time of publication - 6th April 2020

** Commercial Vehicle BIK assumes private use with no fuel benefit

SHOWROOM LOCATIONS

L200 CENTRE

@GALLAGHERS OF SANDYCROFT
Chester Road
Sandycroft
Nr CHESTER
CH5 2QN
Tel: 01244 534 347

L200 CENTRE

@GALLAGHERS OF  WARRINGTON
Manchester Road
Paddington
WARRINGTON
WA1 3TZ
Tel: 01925 851 574

OPENING HOURS

Please check out our COVID-19 essential information for customers before visiting our dealerships.
Sales
Monday - Friday
8.45 am - 6.00 pm
Saturday
8.45 am - 5.00 pm
Sunday
10.00 am - 4.00 pm
Service / Parts
Monday - Friday
8.45 am - 5.30 pm
Saturday
8.45 am - 12.30 pm
Sunday
Closed

 OPENING HOURS

Please check out our COVID-19 essential information for customers before visiting our dealerships.
Sandycroft
Sales
Monday - Friday
8.45 am - 6.00 pm
Saturday,
8.45 am - 5.00 pm
Sunday,
10.00 am - 4.00 pm
Under Covid-19 restrictions for Wales our Sandycroft showroom is required to close to visitors but we are still handling enquiries on the phone and on-line.
Service / Parts
Monday - Friday
8.30 am - 5.30 pm
Saturday
8.30 am - 12.30 pm
Sunday
Closed
Warrington
Sales
Monday - Friday
8.45 am - 6.00 pm
Saturday
8.45 am - 5.00 pm
Sunday
10.00 am - 4.00 pm
Under Covid-19 Tier 4 restrictions for Warrington our showroom is required to close to visitors but we are still handling enquiries on the phone and on-line.
Service / Parts
Monday - Friday
8.30 am - 5.30 pm
Saturday
8.30 am - 12.30 pm
Sunday
Closed

All new commercial vehicles are shown with Commercial on the Road Price (CV OTR Prices). Commercial Vehicle On The Road exclude VAT (at 20%), include VED and First Registration Fee. (£55). Government Road Fund Licence for commercial vehicles is £250. All prices shown are for solid paint. Metallic paint extra. Official EU MPG and EV Range test figures shown as a guide for comparative purposes and may not reflect real driving results. Images shown are for illustrative purposes only and UK specification may vary, please check details with us. CAP data and software is protected by copyright and database rights. All rights reserved.