Company Car Tax Calculation

Land Rover Range Rover Sport 2.0 P400e PHEV HSE Dynamic 404hp 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. Use our fuel benefit check tool to see if is worthwhile .

Vehicle benefit tax

Tax year to 5th April2018/192019/202020/21
P11D value£75,115£75,115£75,115
Percentage charge16%19%19%
Benefit in kind£12,018£14,272£14,272
Tax payable at 20%£2,404£2,854£2,854
Tax payable at 40%£4,807£5,709£5,709

Fuel benefit tax

Tax year to 5th April2018/192019/20
P11D value£23,400£24,100
Percentage charge16%19%
Benefit in kind£3,744£4,579
Tax payable at 20%£749£916
Tax payable at 40%£1,498£1,832

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 (£)

£200.31per month
£2,403.68per year
Tax Breakdown
Rotate your phone to view breakdowns
Forecast (2018/19)income (£)RateDue (£)Effect (£)
2018/19Salary£+30,000.00
£11,850.00@ 0%£ 0.00
£18,150.00@ 20%£3,630.00
£ 0.00@ 40%£ 0.00
£ 0.00@ 45%£ 0.00
2018/19Income Tax on Salary
£30,000.00£3,630.00£-3,630.00
£ 0.00@ 0%£ 0.00
£12,018.40@ 20%£2,403.68
£ 0.00@ 40%£ 0.00
£ 0.00@ 45%£ 0.00
2018/19Income Tax on Company Vehicle Benefit
£12,018.40£2,403.68£-2,403.68
£ 0.00@ 0%£ 0.00
£ 0.00@ 20%£ 0.00
£ 0.00@ 40%£ 0.00
£ 0.00@ 45%£ 0.00
2018/19Income Tax on Private Fuel Benefit
£ 0.00£ 0.00£- 0.00
£8,424.00@ 0%£0
£21,576.00@ 12%£2,589.12
£ 0.00@ 2%£ 0.00
2018/19NIC on Salary
£30,000.00£2,589.12£2,589.12
2018/19Total on payslips££21,377.20
2018/19Totals on P11D££12,018.40
Assumptions used

Tax Components

On the road price including options£75,185
First-year VED£ 15
Manufacturers price date04-Jun-2018
Value for P11D excluding options£75,115
Taxable accessories£ 0
Non-taxable items £ 70
Capital contributions£ 0
Amount paid annually for private use of the car£ 0

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 (gpkm) gpkm73
Green label
Corporation tax 18% WDA
Fuel typeplug-in hybrid
Fuel type key letter A
NCAP safety rating
Number of seats5
BodystyleSUV
Transmissionautomatic
Fuel consumption 30.1
Weighted Combined Fuel consumption (mpg) mpg88.3
Number of doors5
Acceleration 0 to 62 (s)s6.3
Maximum speed (mph)mph137.0
Insurance group44