Company Car Tax Calculation

Fiat All-Electric 500 Hatchback New (RED) Electric 24kW 93hp Auto 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.

Vehicle benefit tax

Tax year to 5th April2022/232023/242024/25
P11D value£25,780£25,780£25,780
Percentage charge2%2%2%
Benefit in kind£516£516£516
Tax payable at basic rate£103@20%£103@20%£ 98@19%
Tax payable at 40%£206£206£206

Fuel benefit tax

Tax year to 5th April2022/232023/24
P11D value£ 0£ 0
Percentage charge2%2%
Benefit in kind£ 0£ 0
Tax payable at basic rate£ 0@20%£ 0@20%
Tax payable at 40%£ 0£ 0

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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£25,835
First-year VED£ 0
Manufacturers price date02-Apr-2022
Value for P11D excluding options£25,780
Taxable accessories£ 0
Non-taxable items £ 55
Capital contributions£ 0
Amount paid annually for private use of the car£ 0
Fuel type key letter E
Euro standard 6d
Electric battery range 118miles

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 0 g/km
Maximum CO2 0 g/km
Green label


Corporation tax 100% FYA
Fuel typeelectric
NCAP safety rating
Number of seats4
Fuel consumption (mpg) mpg– to 0.0
Number of doors3
Acceleration 0 to 629.5s
Maximum speed84.0mph
Insurance group14