If you drive a car that has been provided by an employer and you can use it outside of work, then it is considered a company car and taxable by the HMRC. A company car is officially known as Benefit In Kind (BIK).
Company car tax is calculated by a car's CO2 emissions, the P11D value and your personal marginal tax rate, currently 20%, 40% or 50%. The P11D value is the list price of your car, including VAT and any delivery charges.
We have a selection of vehicles available for business users, for more information and to find out the vehicles BIK please contact us today and we will be able to assist, or use the calculator below to find out how much tax you will pay.