Company Car Tax Calculation

Kia XCeed 1.4 T-GDi 3 138bhp ISG Old

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 April2021/222022/232023/24
P11D value£23,830£23,830£23,830
Percentage charge34%35%35%
Benefit in kind£8,102£8,341£8,341
Tax payable at 20%£1,620£1,668£1,668
Tax payable at 40%£3,241£3,336£3,336

Fuel benefit tax

Tax year to 5th April2021/222022/23
P11D value£24,600£24,600
Percentage charge34%35%
Benefit in kind£8,364£8,610
Tax payable at 20%£1,673£1,722
Tax payable at 40%£3,346£3,444

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 (£)

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Tax Breakdown
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Assumptions used

Tax Components

On the road price including options£24,105
First-year VED£220
Manufacturers price date01-Apr-2021
Value for P11D excluding options£23,830
Taxable accessories£ 0
Non-taxable items £275
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter A
Euro standard 6d-TEMP
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 150 gpkm
Maximum CO2 150 gpkm
Green label
Corporation tax 6% WDA
Fuel typepetrol
NCAP safety rating
Number of seats5
BodystyleSUV
Transmissionmanual
Fuel consumption (mpg) mpg42.8 to 42.8
Number of doors5
Acceleration 0 to 629.1s
Maximum speed124.0mph
Insurance group16