Benefit in kind tax rate changes for company cars

The benefit in kind (BIK) tax rate for company cars is set to rise for many vehicles, although low-emissions cars will not see a change in the near future.

Accounting and consulting firm Deliotte has compiled a list of the changes to this charge over the next three years, according to car emissions:






























2011/12

zero emissions 
unchanged at 0%
75g/km or below unchanged at 5% (8% for diesel cars)
76-120g/km unchanged at 10% (13% for diesel cars)
121-129g/km unchanged at 15% (18% for diesel cars)
130-229g/km 1% increase (petrol cars)
130-214g/km 1% increase (diesel cars)
230g/km plus (petrol cars) unchanged at 35% of list price
215g/km plus (diesel cars) unchanged at 35% of list price

 













































2012/13

zero emissions 
unchanged at 0%
75g/km or below unchanged at 5% (8% for diesel cars)
76-99g/km unchanged at 10% (13% for diesel cars)
100-104g/km 1% increase (petrol and diesel cars)
105-109g/km 2% increase (petrol and diesel cars)
110-114g/km 3% increase (petrol and diesel cars)
115-119g/km 4% increase (petrol and diesel cars)
120g/km 5% increase (petrol and diesel cars)
121-124g/km unchanged at 15% (18% for diesel cars)
125-224g/km 1% increase (petrol cars)
125-209g/km 1% increase (diesel cars)
230g/km plus (petrol cars) unchanged at 35% of list price
215g/km plus (diesel cars) unchanged at 35% of list price

 



























2013/14

zero emissions 
unchanged at 0%
75g/km or below unchanged at 5% (8% for diesel cars)
76-94g/km unchanged at 10% (13% for diesel cars)
95-219g/km 1% increase (petrol cars)
95-204g/km 1% increase (diesel cars)
220g/km plus (petrol cars) unchanged at 35% of list price
205g/km plus (diesel cars) unchanged at 35% of list price

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Read more about how tax changes will impact employers with company car schemes.

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