Company Car Tax Calculation

Mercedes-Benz EQA New EQA 300 4MATIC AMG Line Premium 228hp 215kW 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.

Vehicle benefit tax

Tax year to 5th April2024/252025/262026/27
P11D value£55,705£55,705£55,705
Percentage charge2%3%4%
Benefit in kind£1,114£1,671£2,228
Tax payable at basic rate£223@20%£334@20%£446@20%
Tax payable at 40%£446£668£891

Fuel benefit tax

Tax year to 5th April2024/252025/26
P11D value£ 0£ 0
Percentage charge2%3%
Benefit in kind£ 0£ 0
Tax payable at basic rate£ 0@20%£ 0@20%
Tax payable at 40%£ 0£ 0

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£55,760
First-year VED£ 0
Manufacturers price date01-Dec-2024
Value for P11D excluding options£55,705
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
Electric battery range 266miles

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

A

Corporation tax 100% FYA
Fuel typeelectric
NCAP safety rating
Number of seats5
BodystyleSUV
Transmissionautomatic
Fuel consumption (mpg) mpg– to 0.0
Number of doors5
Acceleration 0 to 60 mph7.7s
Maximum speed99.0mph
Insurance group45

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