Company Car Tax Calculation

Suzuki Swift Sport New 1.4 Boosterjet HYBRID Sport

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£21,850£21,850£21,850
Percentage charge29%30%30%
Benefit in kind£6,337£6,555£6,555
Tax payable at 20%£1,267£1,311£1,311
Tax payable at 40%£2,535£2,622£2,622

Fuel benefit tax

Tax year to 5th April2021/222022/23
P11D value£24,600£24,600
Percentage charge29%30%
Benefit in kind£7,134£7,380
Tax payable at 20%£1,427£1,476
Tax payable at 40%£2,854£2,952

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£22,075
First-year VED£170
Manufacturers price date01-Apr-2021
Value for P11D excluding options£21,850
Taxable accessories£ 0
Non-taxable items £225
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter A
Euro standard 6d
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 127 gpkm
Maximum CO2 127 gpkm
Green label
Corporation tax 6% WDA
Fuel typehybrid - petrol/electric
NCAP safety rating
Number of seats5
Bodystylehatchback
Transmissionmanual
Fuel consumption (mpg) mpg50.1 to 50.1
Weighted Combined Fuel consumption (mpg) mpg
Number of doors5
Acceleration 0 to 629.1s
Maximum speed130.0mph
Insurance group28

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