🇬🇧 United Kingdom

Benefit in Kind Calculator

Calculate BIK tax on company cars, medical insurance, gym memberships, and other employer benefits for 2025/26. See your BIK rate, taxable value, income tax cost, employer Class 1A NI (15%), monthly take-home impact, and true total package value.

£
List price including options, delivery, and VAT. Excludes first registration fee and road tax.
Diesel (non-RDE2) attracts +4% BIK supplement
No
Adds a separate fuel benefit charge (not applicable to electric cars)
£
Capital contribution towards the car price (max £5,000 reduces P11D)

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How to Use This Calculator

Company Car tab

Enter your car’s P11D value (list price including options and VAT, excluding first registration fee and road tax), select the fuel type, and enter the CO2 emissions from the V5C or spec sheet. For plug-in hybrids emitting 1–50 g/km, enter the official electric range. The calculator looks up the correct 2025/26 BIK percentage, applies any diesel supplement, and shows your annual and monthly tax cost. Toggle “employer provides fuel” to see the additional fuel benefit charge (£28,200 multiplier).

Other Benefits tab

Select a benefit type from the dropdown: private medical insurance, gym, dental, company phone, van, interest-free loan, or other. Enter the P11D value (cost to employer). The calculator shows your income tax, employer Class 1A NI at 15%, and compares the tax cost against buying the benefit privately. Vans use flat-rate BIK charges (£4,020 for non-electric, £0 for electric). Loans below £10,000 are exempt.

Total Package tab

Enter your base salary and add all benefits in your package. The calculator computes total income tax on salary plus BIKs, employee NI, and shows your true take-home pay. Use this to understand the real value of a job offer that includes company benefits, or to compare two packages with different salary-and-benefits mixes.

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The Formula

Company car BIK tax is calculated by multiplying the P11D value by the appropriate BIK percentage (determined by CO2 emissions and fuel type), then applying your marginal tax rate:

Company Car BIK = P11D Value × BIK Percentage (3%–37%)

Fuel Benefit = £28,200 × BIK Percentage (only if employer provides fuel)

Your Tax = Taxable BIK Value × Marginal Tax Rate (20% / 40% / 45%)

Employer Class 1A NI = Taxable BIK Value × 15%

Other Benefits: Tax = P11D Value (cost to employer) × Marginal Tax Rate

Interest-Free Loan BIK = Loan Balance × 2.25% (only if balance > £10,000)

Van BIK = £4,020 flat rate (non-electric) or £0 (electric)

For a higher-rate taxpayer with a £35,000 electric company car: BIK = £35,000 × 3% = £1,050 taxable value. Tax = £1,050 × 40% = £420/year (just £35/month). The same car on petrol at 130 g/km would cost £4,480/year in BIK tax.

Diesel cars that are not RDE2 compliant pay an additional 4% BIK supplement (capped at the 37% maximum). RDE2-compliant diesels are taxed at the standard petrol rate.

Example

James — Regional Sales Manager, 42, Birmingham

James earns £55,000 and has a company car plus medical insurance. He is a higher-rate (40%) taxpayer.

Company Car tab

CarTesla Model 3 (electric)
P11D value£42,000
CO2 emissions0 g/km
BIK rate (2025/26)3%
Taxable value£1,260
Income tax at 40%£504/year
Monthly tax impact£42/month
Employer Class 1A NI (15%)£189

James pays just £504 per year (£42/month) for a £42,000 electric car. A comparable petrol car emitting 140 g/km would cost him £5,544 in BIK tax — over 10 times more.

Other Benefits tab

Medical insurance (P11D value)£1,500
Tax cost at 40%£600/year
Equivalent private policy£2,200+
Saving vs buying himself£900

Total Package tab

Base salary£55,000
Company car (market value)£42,000
Medical insurance£1,500
Total package value£98,500
Total BIK tax (car + medical)£1,104/year
Monthly BIK tax impact£92/month

James’s total package is worth £98,500 but his BIK tax on all benefits is just £1,104/year. The electric car BIK makes the package exceptionally tax-efficient.

FAQ

The BIK rate for zero-emission (pure electric) company cars is 3% for the 2025/26 tax year. This increased from 2% in 2024/25. For a car with a P11D value of £40,000, the taxable benefit is just £1,200. A higher-rate taxpayer would pay £480/year (£40/month). Rates will increase to 4% in 2026/27 and 5% in 2027/28. Electric cars also have no fuel benefit charge.
Diesel cars that do not meet the Real Driving Emissions 2 (RDE2) standard pay a 4% BIK supplement on top of the standard rate, capped at the 37% maximum. For example, a diesel car with 120 g/km CO2 would have a BIK rate of 34% (30% standard + 4% diesel), compared to 30% for the same emissions on petrol. RDE2-compliant diesels are taxed at the standard petrol rate with no supplement.
If your employer provides fuel for private use in your company car, you pay tax on an additional benefit calculated as: £28,200 (the 2025/26 fuel benefit multiplier) × your car’s BIK percentage. For a car with 20% BIK, the fuel benefit is £5,640. At 40% tax, that costs £2,256/year. Many drivers choose to reimburse their employer for private fuel to avoid this charge. Electric cars are exempt from the fuel benefit charge.
Private medical insurance is taxed on the cost to your employer (the group scheme premium), not the retail price of an individual policy. This is reported as the P11D value. A typical family policy might cost the employer £1,200–£2,000 per year. At 40% tax, that costs you £480–£800. Since individual policies often cost £2,000–£4,000+, the BIK route typically gives you a significant discount. Your employer also pays 15% Class 1A NI on the benefit.
From April 2025, employers pay 15% Class 1A National Insurance on the taxable value of all benefits in kind. This increased from 13.8% in 2024/25. For example, on a £5,000 medical insurance benefit, the employer pays £750 in Class 1A NI. This is an employer cost and is not deducted from your pay. It is paid alongside the P11D(b) submission by 22 July after the end of the tax year.

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