Benefit-in-kind (or BIK) is a tax on employees who ... but without the first year registration fee and vehicle tax. To calculate the company car - or BIK - tax, multiply the P11D value by the ...

These motorists could pay more than £7,000 per year in car tax charges from April in a massive blow for road users.

Our van tax calculator allows you to quickly and easily ... your van for private journeys you will pay a flat rate of benefit-in-kind tax. There is an additional charge if your company pays ...

To calculate the fuel benefit tax you'll need to know the benefit-in-kind (BiK) banding of your company car. You can find this information in the Fleet News Company Car Tax Calculator or by using ...

Use our calculator, below, to see how much more money you’ll be able to claim as a result of the changes. For a family of four with a single earner on £65,000, the changes will mean an extra £ ...

Though a company car is often a perk of a job, it’s by no means free as there’s a tax implication on it ... A company car is seen as a benefit-in-kind (BIK) by HMRC since it’s usually ...